Pauley Company provides home health care.Pauley charges $35/hour for professional care.Variable costs are $21/hour and fixed costs are $78,000.Next year, Pauley expects to charge out 12,000 hours of home health care.
-What is the contribution margin ratio?
A) 67%
B) 60%
C) 40%
D) 33%
E) 50%
Correct Answer:
Verified
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