Figure 4-3.Paney Company makes calendars. Information on cost per unit is as follows:
Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per calendar is $10.
-Refer to Figure 4-3. What is the contribution margin ratio?

Question

Figure 4-3.Paney Company makes calendars. Information on cost per unit is as follows:
  Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per calendar is $10.
-Refer to Figure 4-3. What is the contribution margin ratio?

Quizplus · Accepted Answer

The Answer of Figure 4-3.Paney Company makes calendars. Information on cost per unit is as follows:
  Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per calendar is $10.
-Refer to Figure 4-3. What is the contribution margin ratio?