ryanzl9933 ryanzl9933

22-04-2024
Business

Answered

Concord Corporation has a product with a selling price per unit of $100, the unit variable cost is $20, and the total monthly fixed costs are $300000. How much is Concord’s contribution margin ratio?
A. 80%
B. 500%
C. 20%
D. 150%

Answer :

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