If unit sales are $12, variable costs are $7.20 per unit and fixed costs are $24,000 what is the contribution?

by

If unit sales are $12, variable costs are $7.20 per unit and fixed costs are $24,000 what is the contribution ratio per unit?

a. 40%

b. 50%

c. 60%

d. 70%

1 Answer

? Favorite Answer

  • contribution is = (12-7.2)= 4.8 , contribution ratio= 4.8/12=.4 =40%

    Hope this will help

    • Leave a Comment