Hudson Inc. has two products, X and Y, with the following total sales and total variable costs: Product X Product Y Sales $9,200 Variable expenses $7,800 $28,500 $25,740 What is the overall contribution margin ratio?
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- Financial AccountingA product has a sales price of $340 and a per-unit contribution margin of $136. What is the contribution margin ratio? Contribution margin ratio %Let's try another version of Example #6 in the example packet. Suppose Revenues are $535,311 Cost of Goods sold, representing the cost of products sold, is made up of $68,089 of fixed costs and $89,938 of variable costs Period expenses (sales, marketing and administrative expenses) are made up of $30000 of variable costs and $50000 in fixed costs. Prepare a contribution margin income statement. What is Total Contribution Margin that would appear on the statement?