Assume fixed costs total $180,000 per month, the variable cost per unit is $70, and each unit sells for $160. What is the contribution margin ratio (rounded) ?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Assume fixed costs total $180,000 per month, the variable cost per unit is $70, and each unit sells for $160. What is the contribution ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Describe two disadvantages of early forms of money, and explain how they could have been fixed.
Answers (1)
You are attempting to value a put option with an exercise price of $170 and one year to expiration. The underlying stock pays no dividends, its current price is $170, and you believe it has a 50% chance of increasing to $225 and a 50% chance of
Answers (1)
How much time needs to pass for an ar account to be considered delinquent?
Answers (1)
As a contract, the bill of lading specifies that the carrier a. is obligated to provide a transportation service in return for a certain charge. b. receives payment from a third-party such as a bank or trading house. c.
Answers (1)
On January 1, a company has 700,000 shares of issued and outstanding common stock. On March 1, the company repurchases 60,000 shares. On June 1, it effects a 2-for-1 stock split. On November 1, it issues 240,000 shares.
Answers (1)
New Questions in Business
What will you call an employee who prioritize her goals rather than the team goal?
Answers (1)
Vertical integration allows the firm to gain market power as the firm develops the ability to save on its operations, avoid market costs, improve product quality, and possibly protect its technology from its rivals. A. True B. False
Answers (1)
Do you like School? Yes or No
Answers (1)
Assume that an MNC purchases a foreign building, and then leases the building to another party and allows that party to operate the business in the building for 30 years if the party follows standards set by the MNC.
Answers (1)
Sally Smith incurred expenses of $800 in June which she paid in July. She declared these expenses on her June income statement. By doing this she is following the accounting principle of:
Answers (1)