Question: Selling price per unit $ 100 Variable expenses per unit $ 40 Fixed expenses per month $ 60,000 The contribution margin ratio is: Multiple Choice

Selling price per unit $ 100
Variable expenses per unit $ 40
Fixed expenses per month $ 60,000

The contribution margin ratio is:

Multiple Choice

  • 70%.

  • 60%.

  • 62.5%.

  • 40%.

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