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?