Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sales are $500000 and variable costs are $270000.

Sales are $500000 and variable costs are $270000. What is the contribution margin ratio? 54%...

50.1K

Verified Solution

Question

Accounting

image
Sales are $500000 and variable costs are $270000. What is the contribution margin ratio? 54% 85% 46% Cannot be determined because amounts are not expressed per unit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Given figure ABDC is a rhombus which of the work shown below most directly verifies...

Geometry
Q

Recent changes in how employees receive retirement, e.g. througha defined contribution plan vs. a...

Accounting
Q

a) let f(x)= x^3-9x verify that on [-3,3] meets the requirements of rolle's therom, please show how,...

Basic Math
Q

Design a program that lets the user enter the total rainfall for each of 12 months...

Programming
Q

1. You are the HR manager for an automobile manufacturing plant. The assembly technicians in this...

General Management
Q

You have been hired by a new biotechnology start up and placed in charge of...

Biology
Q

Physics Question No 29 Two blocks A and B of equal mass m 1 0...

Physics
Q

Use synthetic division and remainder theroem f x 3x 3 8x 2 3x 2

Calculus
Q

Michelle Strand's regular hourly wage rate is $34, and she receives an hourly rate...

Accounting
Q

Dart had net sales of $46,404 million. Its average total assets for the period were...

Accounting
Q

14) At December 31, 2021, Tory Company has an equity portfolio valued at $160,000. Its...

Accounting
Q

What is the essential difference between an option and a futures contract? An option transaction...

Finance