Evergreen Decorations, Inc. sold 40,000 units last month. The financial details are as follows: Particulars Total Sales Revenue Value $350,000 Total Variable Expenses $250,000 Fixed Expenses $45,000 What is the company's Contribution Margin (CM) Ratio?

Evergreen Decorations, Inc. sold 40,000 units last month. The financial details are as follows: Particulars Total Sales Revenue Value $350,000 Total Variable Expenses $250,000 Fixed Expenses $45,000 What is the company's Contribution Margin (CM) Ratio?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

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Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

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Question

What is the company's contribution margin ratio of this financial accounting question?

Evergreen Decorations, Inc. sold 40,000 units last month. The
financial details are as follows:
Particulars
Total Sales Revenue
Value
$350,000
Total Variable Expenses $250,000
Fixed Expenses
$45,000
What is the company's Contribution Margin (CM) Ratio?

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