If revenue = $135 and variable cost = 45% of revenue, then contribution margin = $79.25. a. True. b. False.
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If revenue = $135 and variable cost = 45% of revenue, then contribution margin = $79.25. a. True. b. False.
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- Given the mixed cost function y = $6.50x + $3,000. What does the $6.50 represent? a.Total cost per unit of the cost driver b.The fixed cost per unit c.The slope of the cost function d.Total fixed costsIf revenue = $90 and variable cost = 35% of revenue, then contribution margin = $58.50. Options a. True. b. False.Solve thi question financial accounting
- 8. If contribution margin ratio is 0.3 then contribution margin percentage will be: a. 3% b. 30% c. 0.3% d. 0.03%1. At the break-even point mon a tot misb a. Contribution margin = fixed costs b. Variable costs = fixed costs c. Sales contribution margin d. Contribution margin = 0 when erf 99Answer quickly