Find out contribution margin if variable rate is.4 and the item's selling price is $12.50. (Round all intermediate calculations to hundredth of a decimal (.00) unless they naturally round up to tenth of a decimal or a whole number. Round the number of customers to a whole number) Select one: O a. $31.25 O b. $5 O c. cannot be determined from the information given O d. $7.5
Find out contribution margin if variable rate is.4 and the item's selling price is $12.50. (Round all intermediate calculations to hundredth of a decimal (.00) unless they naturally round up to tenth of a decimal or a whole number. Round the number of customers to a whole number) Select one: O a. $31.25 O b. $5 O c. cannot be determined from the information given O d. $7.5
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Find out contribution margin if variable rate is.4 and the item's selling price is $12.50. (Round all intermediate calculations to hundredth of a
decimal (.00) unless they naturally round up to tenth of a decimal or a whole number. Round the number of customers to a whole number.)
Select one:
O a $31.25
O b. $5
C. cannot be determined frorm the information given
O d. $7.5](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2379d11e-1731-4e11-8c45-e04cd84230a4%2F0b5538a4-9120-4a77-959e-d81ec9712a20%2F0drs5tm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Find out contribution margin if variable rate is.4 and the item's selling price is $12.50. (Round all intermediate calculations to hundredth of a
decimal (.00) unless they naturally round up to tenth of a decimal or a whole number. Round the number of customers to a whole number.)
Select one:
O a $31.25
O b. $5
C. cannot be determined frorm the information given
O d. $7.5
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