What is the company contribution margin


Last month when Harrison Creations, Inc. sold 40,000 units, total sales were $300,000, total variable expenses were $240,000, and total fixed expenses were $45,000. What is the company's contribution margin (CM) ratio?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the company contribution margin
Reference No:- TGS0705247

Expected delivery within 24 Hours