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Having Problems with this
What percentage of the contribution margin is profit on units sold in excess of the breakeven point? :confused:
A) It's 50% to the contribution margin ratio. B) It's equal to the variable cost ratio. C) It's equal of the gross profit ratio. D) It's 100%. I figured it was (D), because once your contribution margin is = to units sold, at 0, any penny after is profit. The production cost of a single unit of a manufactured product is determined by: :confused: B) dividing total direct materials, direct labor, and manufacturing overhead for a production run by the number of units made. C) dividing total direct materials, direct labor, manufacturing overhead and selling I figured it was (B) total materials, labor and overhead |
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