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Lindsay882
14.02.2020 •
Business
On average, a book sells for $40.00. Variable selling expenses are $3.00 per book; the remaining selling expenses are fixed. The variable administrative expenses are 5% of sales; the remainder of the administrative expenses are fixed. The contribution margin for the University Store for the first quarter is:
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Ответ:
Contribution Margin is $32.00.
Explanation:
Average book Price = $40.00
Less: Variable cost:
Selling expenses $3.00
Administrative expenses $5.00 ( 40 x 5% )
Total Variable $8.00
Contribution Margin $32.00
Contribution Margin % = $32 / 40 = 0.80 = 80%
Ответ:
Idk
Lemme
Guess
U
Bell