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Author Question: Quality Stores, Inc., sells several products. Information of average revenue and costs is as ... (Read 55 times)

Yi-Chen

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on: Mar 6, 2021
Quality Stores, Inc., sells several products. Information of average revenue and costs is as follows:

Selling price per unit$20
 Variable costs per unit:
Direct material$4
Direct manufacturing labor$1.80
Manufacturing overhead$0.4
Selling costs$3
Annual fixed costs$96,000

What is the contribution margin percentage? (Round your answer to the nearest whole percent.)
◦ 54%
◦ 69%
◦ 43%
◦ 47%
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Yi-Chen on Mar 6, 2021

ambernicolefink

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Yi-Chen

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

jordangronback

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Reply 3 on: Yesterday
Excellent

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