The following information for the past year for the Blaine Corporation has been provided: During the year, the company produced and sold 10,000 units of product at a selling price of $18.32 per unit. There was no beginning inventory of product at the beginning of the year.
What is the contribution margin ratio for Blaine Corporation (round to 1 decimal)?

Question

The following information for the past year for the Blaine Corporation has been provided:  During the year, the company produced and sold 10,000 units of product at a selling price of $18.32 per unit. There was no beginning inventory of product at the beginning of the year.
What is the contribution margin ratio for Blaine Corporation (round to 1 decimal)?

Quizplus · Accepted Answer

The Answer of The following information for the past year for the Blaine Corporation has been provided:  During the year, the company produced and sold 10,000 units of product at a selling price of $18.32 per unit. There was no beginning inventory of product at the beginning of the year.
What is the contribution margin ratio for Blaine Corporation (round to 1 decimal)?

The Following Information for the Past Year for the Blaine