How much is the contribution margin ratio, Accounting Basics

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How much is the contribution margin ratio

Clark Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $12 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?

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Accounting Basics: How much is the contribution margin ratio

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Recent Questions Asked Accounting Basics

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Accounting Basics: How much is the contribution margin ratio

Reference No:- TGS063142

Recent Questions Asked Accounting Basics

Q : Identify the fallacy or mistake in thinking

Q : What is the monthly total cost equation

Q : Determine an estimate of total maintenance cost

Q : Describe the emergence of modern muslim nation

Q : How much is the contribution margin ratio

Q : Research paper on literacy rates of americans

Q : Construct the payoff matrix for a single period game

Q : Statements according to international financial reporting

Q : Why does wal-mart have cost advantage over its competitors

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