Use the information below to answer the following question(s) :
Cozy Cat Furniture manufactures two products: cat trees and cat condos. The following data are available:
The company can manufacture two cat trees per machine hour and one cat condo per machine hour. The company's production capacity is 900 machine hours per month.
-What is the contribution margin ratio for cat trees at Cozy Cat Furniture ?
A) 20.0%
B) 47.50%
C) 152.50%
D) 90.48%
Correct Answer:
Verified
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