The followingnbspare last years revenues and total costs


The following are last year's revenues and total costs for X Company:

Revenue

$2,199,120

Direct materials

289,740

Direct labor [all variable]

328,020

Variable overhead

283,140

Fixed overhead

196,020

Variable selling and administrative

332,640

Fixed selling and administrative

188,760

 

What was X Company's contribution margin rate?

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Financial Accounting: The followingnbspare last years revenues and total costs
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