If pole store has a variable cost ratio of 20% and sells poles for $6 each,...
If pole store has a variable cost ratio of 20% and sells poles for $6 each, what is the contribution margin per pole?
Homework Answers
| Selling price per pole | 6.00 | |
| Less: Variable cost per pole | 1.20 | =6*20% |
| Contribution margin per pole | 4.80 | |
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If pole store has a variable cost ratio of 20% and sells poles
for $6 each,...
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