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Hollis industries produces flash drives for computers, which it sells for $20 each. each flash drive requires $13 of variable costs to make. during april, 1,000 drives were sold. fixed costs for march
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Apr 10, 2018
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Hollis industries produces flash drives for computers, which it sells for $20 each. each flash drive requires $13 of variable costs to make. during april, 1,000 drives were sold. fixed costs for march were $2 per unit for a total of $1,000 for the month. how much is the contribution margin ratio?
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Uyetch
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If the Hollis industries produce flash drives for computers, which it sells for $20 each, and each flash drive requires $13 of variable costs to make, then during April, 1,000 drives were sold, then the contribution margin ratio will be 35%.
Masoud Abasian
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Apr 17, 2018
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