Rawlings Company prepared the following budget information for the coming year: Product A Product B Product C Sales Variable exp. $85,714 $1,000,000 $177,777 25.714 800.000 97.777 Contrib. mar. $60.000 $200.000 $80.000 Fixed exp. Net income The budget assumes the sale of 20,000 units of A, 100,000 units of B, and 80,000 units of C. Fixed Expenses for the company are $255,000. What is the company's combined contribution margin ratio rounded to two decimal places. O 0.21 O 0.27 O 0.23 O 0.36

Rawlings Company prepared the following budget information for the coming year: Product A Product B Product C Sales Variable exp. $85,714 $1,000,000 $177,777 25.714 800.000 97.777 Contrib. mar. $60.000 $200.000 $80.000 Fixed exp. Net income The budget assumes the sale of 20,000 units of A, 100,000 units of B, and 80,000 units of C. Fixed Expenses for the company are $255,000. What is the company's combined contribution margin ratio rounded to two decimal places. O 0.21 O 0.27 O 0.23 O 0.36

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter8: Budgeting For Planning And Control

Section: Chapter Questions

Problem 15E: Palmgren Company produces consumer products. The sales budget for four months of the year is...

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