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Mountain View Manufacturing produced and sold 25,000 units last month. The Accounting details are as follows: Particulars Total Sales Revenue Value $625,000 Total Variable Expenses $375,000|| Fixed Expenses $120,000 What is the company's Contribution Margin (CM) Ratio?

Mountain View Manufacturing produced and sold 25,000 units last month. The Accounting details are as follows: Particulars Total Sales Revenue Value $625,000 Total Variable Expenses $375,000|| Fixed Expenses $120,000 What is the company's Contribution Margin (CM) Ratio?

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...
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Mountain View Manufacturing produced and sold 25,000 units last month. The Accounting details are as follows: Particulars Total Sales Revenue Value $625,000 Total Variable Expenses $375,000|| Fixed Expenses $120,000 What is the company's Contribution Margin (CM) Ratio?
Transcribed Image Text:Mountain View Manufacturing produced and sold 25,000 units last month. The Accounting details are as follows: Particulars Total Sales Revenue Value $625,000 Total Variable Expenses $375,000|| Fixed Expenses $120,000 What is the company's Contribution Margin (CM) Ratio?
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