Weatherspoon Company has a product with a selling price per unit of $200 the unit variable cost is $110 and the total monthly fixed costs are $300000. How much is Weatherspoon's contribution margin ratio?
A) 45%
B) 55%
C) 150%
D) 182%

Question

Quizplus · Accepted Answer

Contribution margin ratio = (Selling price per unit - Unit variable cost) / Selling price per unit= ($200 - $110) / $200= $90 / $200= 0.45= 45%

Weatherspoon Company Has a Product with a Selling Price Per