Perry Manufacturing had the following data for 2017 and 2018:
Using the high-low method, calculate Perry's:
a. Variable cost ratio
b. Contribution margin ratio
c. Total fixed costs
d. Break-even point in sales dollars

Question

Perry Manufacturing had the following data for 2017 and 2018:
  Using the high-low method, calculate Perry's:
a. Variable cost ratio
b. Contribution margin ratio
c. Total fixed costs
d. Break-even point in sales dollars

Quizplus · Accepted Answer

The Answer of Perry Manufacturing had the following data for 2017 and 2018:
  Using the high-low method, calculate Perry's:
a. Variable cost ratio
b. Contribution margin ratio
c. Total fixed costs
d. Break-even point in sales dollars

Perry Manufacturing Had the Following Data for 2017 and 2018