Selling price per unit is $10 and variable cost per unit is $6, contribution margin percentage is
1. |
100% |
|
2. |
67% |
|
3. |
60% |
|
4. |
40% |
Contribution margin percentage = (Selling price-Variable cost)/Selling price
= (10-6)/10
Contribution margin percentage = 40%
So answer is d) 40%
Selling price per unit is $10 and variable cost per unit is $6, contribution margin percentage...
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