Use the information below to answer the following question(s) :
Kitchen Appliances Company manufactures two products: toaster ovens and bread machines. The following data are available:
The company can manufacture three toaster ovens per machine hour and two bread machines per machine hour. The company's production capacity is 1,200 machine hours per month.
-What is the contribution margin ratio for toaster ovens at the Kitchen Appliances Company?
A) 130.00%
B) 25.00%
C) 70.00%
D) 233.33%
Correct Answer:
Verified
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