Using information from question 1, what is the company's contribution margin ratio? Data from Question 1 A

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Using information from question 1, what is the company's contribution margin ratio?

Data from Question 1

A company's only product sells for $\$ 150$ per unit. Its variable costs per unit are $\$ 100$, and its fixed costs total $\$ 75,000$. What is its contribution margin per unit?

a. $66 \frac{2}{3} \%$

b. $100 \%$

c. $50 \%$

d. $0 \%$

e. $33^{\frac{1}{3}} \%$

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Financial And Managerial Accounting

ISBN: 9781260728774

9th Edition

Authors: John J. Wild

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Question Posted: Jan 26, 2024 04:00 AM

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Using information from question 1, what is the company's contribution margin ratio? Data from Question 1 A

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