Answer:
24ft
Step-by-step explanation:
s=6ft
p=6×4
p=24ft
In an internal operating income statement, the form is as such:
(1) Sales (or Revenue) - Total Variable Costs = Contribution Margin;
(2) Contribution Margin - Total Fixed Costs = Operating Income
and
(3) Contribution Margin Ratio = Contribution Margin/Sales
The first equation helps us out. Sales is the whole amount for this statement, or 100%. We know variable costs are 62% and the rest goes to the Cont. Margin.
100% - 68% = 32% (choice A)
Answer:
I think it might be option 3
Step-by-step explanation:
sorry if I’m wrong
Answer:
C. 1
Step-by-step explanation: