Solved: The following information is available for bluewood, Accounting Basics

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The following information is available for bluewood

Question - The following information is available for Bluewood Corporation for a sales volume of 500 stereo speakers for the past month:

Total Per Unit

Sales $225,000 $450

Less: variable expenses 80,000 160

Contribution margin $145,000 $290

Less: fixed expenses $ 35,000

Net operating income $110,000

What is the contribution margin ratio?

12.0%

30.0%

40.0%

64.4%

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Accounting Basics: The following information is available for bluewood

Reference No:- TGS02842322

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Accounting Basics: The following information is available for bluewood

Reference No:- TGS02842322

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