ECO, SRL sells two models of their product in Afghanistan, the Type B model and the Type A model. They have supplied the following data: Type B Type A Selling Price $ 48 $ 99 Expected Unit Sales per month 2,000 11,000 Variable Production costs per unit $ 16 $ 22 Variable selling and administrative costs per unit $ 10 $ 12Fixed Expenses are $51,569 per month. ECO's contribution margin ratio for the Type A model is to closest to: Select one: A. 59.70% B. 55.74% C. 51.39% D. 65.66% E. 45.83%
ECO, SRL sells two models of their product in Afghanistan, the Type B model and the Type A model. They have supplied the following data: Type B Type A Selling Price $ 48 $ 99 Expected Unit Sales per month 2,000 11,000 Variable Production costs per unit $ 16 $ 22 Variable selling and administrative costs per unit $ 10 $ 12Fixed Expenses are $51,569 per month. ECO's contribution margin ratio for the Type A model is to closest to: Select one: A. 59.70% B. 55.74% C. 51.39% D. 65.66% E. 45.83%
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter7: Cost-volume-profit Analysis
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ECO, SRL sells two models of their product in Afghanistan, the Type B model and the Type A model. They have supplied the following data:
Type B | Type A | |
Selling Price | $ 48 | $ 99 |
Expected Unit Sales per month | 2,000 | 11,000 |
Variable Production costs per unit | $ 16 | $ 22 |
Variable selling and administrative costs per unit | $ 10 | $ 12 |
ECO's contribution margin ratio for the Type A model is to closest to:
Select one:
A.
59.70%
B.
55.74%
C.
51.39%
D.
65.66%
E.
45.83%
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