IMA Shop Ltd Produces Three Products When Using Revenues as the Measure, What Proportion of the Data
IMA Shop Ltd produces three products. Cost, price, and volume data is shown below:
* Total Fixed Costs: $2,400
* Tax Rate: 30%
When using revenues as the measure, what proportion of the sales mix do chocolate ice creams represent? Round to the nearest whole percent.
A) 33%
B) 44%
C) 67%
D) 23%
Correct Answer:
Verified
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