Answer:
The correct answer is 45%.
Explanation:
According to the scenario, the given data are as follows:
Selling price = $640
Variable cost = $352
Annual fixed cost = $985,500
Current sales volume = $4,390,000
So, we can calculate the contribution margin ratio by using following formula:
Contribution margin ratio = (Contribution margin per unit ÷ selling price per unit ) × 100
Where, Contribution Margin = Selling price - Variable cost
= $640 - $352 = $288
So, by putting the value in the formula, we get
Contribution margin ratio = ( $288 ÷ $640 ) × 100
= 0.45 × 100
= 45%
Answer:
If shortage of goods and services occurs, obviously, the price will touch the sky, i. e. the price will increase twice or thrice the Real price...
TRUE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Answer:
environment is the correct answer.
Explanation:
It is Based on The <u>Risk</u><u> </u><u>Level</u><u>.</u><u> </u>
