The firm's fixed costs are $60 000, variable cost per unit is $15 and selling price per
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Question:
The firm's fixed costs are $60 000, variable cost per unit is $15 and selling price per unit is $20. The contribution margin percentage is:
Group of answer choices
a. 2.5%
b. 400%
c. 25%
d. 33%
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: