What is six-ix llcs contribution margin in percentage


Problem

6ix LLC produced and sold 60,000 hoodies and reported sales of 6 million during the past year. The firm strives to create the highest quality products - therefore, their variable costs are quite high at 4.8 million. Management salaries are $220,000 for the year. What is 6ix LLC.'s contribution margin in percentage?

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Marketing Management: What is six-ix llcs contribution margin in percentage
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