Answered: If Radian Enterprises has revenue =…

If Radian Enterprises has revenue = $160 and variable cost = 40% of revenue, then contribution margin = $92. a. True b. False

Financial & Managerial Accounting

14th Edition

ISBN:9781337119207

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter20: Variable Costing For Management Analysis

Section: Chapter Questions

Problem 20.10EX

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If Radian Enterprises has revenue = $160 and variable cost = 40% of revenue, then contribution margin = $92. a. True b. False

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