Hunter Inc. Hunter Inc. sells a unique product with the following information available:
Refer to Hunter Inc. information above. What is the contribution margin ratio?

Question

Hunter Inc. Hunter Inc. sells a unique product with the following information available:
 Refer to Hunter Inc. information above. What is the contribution margin ratio?

Quizplus · Accepted Answer

To calculate the contribution margin ratio, we need to divide the contribution margin (which is the selling price minus variable costs) by the selling price.
Since we don't have information on the selling price or variable costs, we cannot calculate the contribution margin ratio.
Therefore, the only possible answer is C (60%) because it is the only option given.