Company Name: Delta Electronics Delta Electronics has a product with a selling price per unit of $120, the unit variable cost is $45, and the total monthly fixed costs are $200,000. How much is Delta's contribution margin ratio? Options: a) 37.5% b) 62.5% c) 50% d) 41.67%
Company Name: Delta Electronics Delta Electronics has a product with a selling price per unit of $120, the unit variable cost is $45, and the total monthly fixed costs are $200,000. How much is Delta's contribution margin ratio? Options: a) 37.5% b) 62.5% c) 50% d) 41.67%
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 10E: Schylar Pharmaceuticals, Inc., plans to sell 130,000 units of antibiotic at an average price of 22...
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Transcribed Image Text:Company Name: Delta Electronics
Delta Electronics has a product with a selling price per unit of $120, the unit
variable cost is $45, and the total monthly fixed costs are $200,000.
How much is Delta's contribution margin ratio?
Options:
a) 37.5%
b) 62.5%
c) 50%
d) 41.67%
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