Answer:
40%
Step-by-step explanation:
The first step is to calculate the unit selling price
= total sales/number of units
= 200,000/50,000
= $4
The unit variable expense can be calculated as follows.
= total variable expense/number of units
= 120,000/50,000
= $2.4
The contribution margin per unit can be calculated as follows
=selling price per unit- variable cost.
= $4-$2.4
= $1.6
Therefore the contribution margin ratio can be calculated as follows.
= $1.6/$4
= 0.4×100
= 40%
What are your answer choices? I’m not sure which equation they are asking for?
The solution to this system of equations is
X= -5
Y= -3
It's the bottom one. 20 dollars has to be less than or equal to the amount. you cannot spend more than $20
