A cement manufacturer provided the following data: Tons of cement produced and sold 260,000 Sales revenue $964,000
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A cement manufacturer provided the following data: Tons of cement produced and sold 260,000 Sales revenue $964,000 Variable manufacturing expenses $229,000 Fixed manufacturing expenses $304,000 Variable selling and administrative expenses $108,400 Fixed selling and administrative expenses $90,000 Net operating profit $232,600 calculate The company's contribution margin ratio.
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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