Asked by Monica

Fixed Company produces a single product selling for $30 per unit. Variable costs are $12 per unit and total fixed costs are $4,000. What is the contribution margin ratio? (Points :1)
1.67
2.50
0.40
0.60

Answered by lin
1.67
Answered by lin
1.67 is BEP
CM Ratio is 0.60

£¨30-12£©/30
Answered by Mark
0.6
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