8. Trinity Corp. sells kids' tricycles. During the current year, 8,000 tricyecles were sold resulting in...
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8. Trinity Corp. sells kids' tricycles. During the current year, 8,000 tricyecles were sold resulting in $400,000 of sales revenue, $90,000 of variable costs, and $60,000 of fixed costs. Contribution margin per tricycle is A. $38.75. B. $31.25. C. $25.50. D. $18.75. 8. Trinity Corp. sells kids' tricycles. During the current year, 8,000 tricyecles were sold resulting in $400,000 of sales revenue, $90,000 of variable costs, and $60,000 of fixed costs. Contribution margin per tricycle is A. $38.75. B. $31.25. C. $25.50. D. $18.75.
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Contribution Margin per tricycle is Answer A 3875 Revnue 400000 Varia... View the full answer
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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