Noelle24
Mar 19, 2008, 07:35 PM
What is the company's contribution margin ratio?
Sales $1,200,000
Variable expenses 800,000
Contribution margin 400,000
Fixed expenses 300,000
Net operating income $100,000
sold 20000 units
Sales $1,200,000
Variable expenses 800,000
Contribution margin 400,000
Fixed expenses 300,000
Net operating income $100,000
sold 20000 units