accounting

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Fixed Company produces a single product selling for $30 per unit. Variable costs are $12 per unit and total fixed costs are $4,000. What is the contribution margin ratio? (Points :1)
1.67
2.50
0.40
0.60

  • accounting -

    1.67

  • accounting -

    1.67 is BEP
    CM Ratio is 0.60

    £¨30-12£©/30

  • accounting -

    0.6

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