How much is the contribution margin ratio, Accounting Basics

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How much is the contribution margin ratio

Clark Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $12 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?

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Accounting Basics: How much is the contribution margin ratio

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Accounting Basics: How much is the contribution margin ratio

Reference No:- TGS089080

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Recent Questions Asked Accounting Basics

Q : Find the name and membership number of members

Q : Pk values of some amino acids

Q : Internet is a shared network

Q : A modified t-cell ( or ) binds to an antigen-bearing cell

Q : How much is the contribution margin ratio

Q : Utilize the resulting tax losses

Q : Three job postings for security administrators.

Q : In an attempt to reduce levels of methicillin resistance

Q : What is the demand during the lead time

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How much is the contribution margin ratio

Reference No:- TGS089080

Recent Questions Asked Accounting Basics

Q : Find the name and membership number of members

Q : Pk values of some amino acids

Q : Internet is a shared network

Q : A modified t-cell ( or ) binds to an antigen-bearing cell

Q : How much is the contribution margin ratio

Q : Utilize the resulting tax losses

Q : Three job postings for security administrators.

Q : In an attempt to reduce levels of methicillin resistance

Q : What is the demand during the lead time

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