Bramble Corp. has a product with a unit selling price of $100, the unit variable cost is $40, and the total monthly fixed costs are $300000. What is Bramble's contribution margin ratio? O 150% O 60% 40% O 250%
Bramble Corp. has a product with a unit selling price of $100, the unit variable cost is $40, and the total monthly fixed costs are $300000. What is Bramble's contribution margin ratio? O 150% O 60% 40% O 250%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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H6.
![Bramble Corp. has a product with a unit selling price of $100, the unit variable cost is $40, and the total monthly fixed costs are
$300000. What is Bramble's contribution margin ratio?
150%
60%
40%
O 250%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F51cac6e0-c770-431c-a450-f5b37e7f446c%2F1d8a3342-9f07-4008-be0c-664c1dabefe4%2Fc8m3x7n_processed.png&w=3840&q=75)
Transcribed Image Text:Bramble Corp. has a product with a unit selling price of $100, the unit variable cost is $40, and the total monthly fixed costs are
$300000. What is Bramble's contribution margin ratio?
150%
60%
40%
O 250%
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