Question Tag: Sales Ratio

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MI – Nov 2015 – L1 – SA – Q10 – Cost-Volume-Profit Analysis

Calculates the contribution/sales ratio based on given sales and cost data.

What is the contribution/sales ratio?
N
Sales:                                      650,000
Variable costs:                      390,000
Total fixed costs:                  120,000

A. 400%
B. 48%
C. 40%
D. 24%
E. 4%

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MI – Nov 2015 – L1 – SA – Q10 – Cost-Volume-Profit Analysis

Calculates the contribution/sales ratio based on given sales and cost data.

What is the contribution/sales ratio?
N
Sales:                                      650,000
Variable costs:                      390,000
Total fixed costs:                  120,000

A. 400%
B. 48%
C. 40%
D. 24%
E. 4%

Login or create a free account to see answers

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Report an error

You're reporting an error for "MI – Nov 2015 – L1 – SA – Q10 – Cost-Volume-Profit Analysis"

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