Lewis Production Company had the following projected information: $\begin{array}{lr}
\text { Selling price per unit } & \$ 150 \
\text { Variable cost per unit } & \$ 90 \
\text { Total fixed costs } & \$300,000
\end{array}$ What is the contribution margin ratio?

Question

Lewis Production Company had the following projected information: $\begin{array}{lr}
\text { Selling price per unit } & \$ 150 \
\text { Variable cost per unit  } & \$ 90 \
\text { Total fixed costs } & \$300,000
\end{array}$ What is the contribution margin ratio?

Quizplus · Accepted Answer

The Answer of Lewis Production Company had the following projected information: $\begin{array}{lr}
\text { Selling price per unit } & \$ 150 \
\text { Variable cost per unit  } & \$ 90 \
\text { Total fixed costs } & \$300,000
\end{array}$ What is the contribution margin ratio?

Lewis Production Company Had the Following Projected Information What Is the Contribution Margin Ratio? A)0

Lewis Production Company Had the Following Projected Information What Is the Contribution Margin Ratio?
A)0