Solved

The Contribution Margin Ratio Is:
A)40

Question 57

Multiple Choice

 Selling price per unit $100 Variable expenses per unit $40 Fixed expenses per month $60,000\begin{array} { l l } \text { Selling price per unit } & \$ 100 \\\text { Variable expenses per unit } & \$ 40 \\\text { Fixed expenses per month } & \$ 60,000\end{array} The contribution margin ratio is:


A) 40%.
B) 60%.
C) 62.5%.
D) 70%.

Correct Answer:

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