Question: If a comparry had a contribution margin of $ 2 0 0 0 0 0 0 and a contribution margin ratio of 4 0 %

If a comparry had a contribution margin of $2000000 and a contribution margin ratio of 40%, total variable conts must have been
$3000000.
$1200000.
$5000000.
$600000.
If a comparry had a contribution margin of $ 2 0

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!