Find contribution margin ratio for the following data Extra Manufacturing Contribution Margin Statement For the Month Ended
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Find contribution margin ratio for the following data
Extra Manufacturing Contribution Margin Statement For the Month Ended June 30, 2019
Sales $100,000
Less Variable Costs
Material $55,000
Labor 30,000
Contribution Margin 15,000
Less Fixed Costs
Rent 10,000
Operating Profit $5,000.
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
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