Wang Co. manufactures and sells a single product that sells for $620 per unit; variable costs are
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Question:
Wang Co. manufactures and sells a single product that sells for $620 per unit; variable costs are $372 per unit. Annual fixed costs are $868,000. The current sales volume is $4,370,000.
Calculate the contribution margin ratio.
Related Book For
Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
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