Delta Manufacturing has sales of $2,275,000 with direct materials cost of $243,500, direct labor of $372,000, variable overhead of $117,000, and fixed costs of $309,100. What is Delta's contribution margin rate? a. 32.2% b. 67.8% c. 47.5% d. 63.8%

Delta Manufacturing has sales of $2,275,000 with direct materials cost of $243,500, direct labor of $372,000, variable overhead of $117,000, and fixed costs of $309,100. What is Delta's contribution margin rate? a. 32.2% b. 67.8% c. 47.5% d. 63.8%

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2BE: Contribution margin Waite Company sells 250,000 units at 120 per unit. Variable costs are 78 per...

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Provide correct option general accounting

Delta Manufacturing has sales of $2,275,000 with direct
materials cost of $243,500, direct labor of $372,000,
variable overhead of $117,000, and fixed costs of $309,100.
What is Delta's contribution margin rate?
a. 32.2%
b. 67.8%
c. 47.5%
d. 63.8%

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