Fixed costs: Manufacturing Marketing $125,000 17,000 Administrative 25,000 Variable costs: Manufacturing Marketing $115,000 32,000 Administrative 37,000...

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Fixed costs: Manufacturing Marketing $125,000 17,000 Administrative 25,000 Variable costs: Manufacturing Marketing $115,000 32,000 Administrative 37,000 During the year, the company produced and sold 60,000 units of product at a selling price of $16.03 per unit. There was no beginning inventory of product at the beginning of the year. What is the contribution margin ratio for Blaine Corporation (round to 1 decimal)? A. 63.5% B. 17.4% C. 80.9% D. 78.5% Fixed costs: Manufacturing Marketing $125,000 17,000 Administrative 25,000 Variable costs: Manufacturing Marketing $115,000 32,000 Administrative 37,000 During the year, the company produced and sold 60,000 units of product at a selling price of $16.03 per unit. There was no beginning inventory of product at the beginning of the year. What is the contribution margin ratio for Blaine Corporation (round to 1 decimal)? A. 63.5% B. 17.4% C. 80.9% D. 78.5%

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Sellin price 1603 per unit Total Sales 1603 6000... View the full answer