Shanita Pte Ltd. sells deodorants in Tunisia. They have supplied the following data: Units sold: 3,412 Sales revenue: $5,545,907 Variable manufacturing expense: $2,142,205 Fixed manufacturing expense: $1,007,771 Variable selling and administrative expense: $470,035 Fixed selling and administrative expense: $375,728 Net operating income: $1,550,168 Shanita's contribution margin ratio is closest to: Select one: A. 43.2% B. 28.0% C. 52.9% D. 84.7% E. 75.1%

Shanita Pte Ltd. sells deodorants in Tunisia. They have supplied the following data: Units sold: 3,412 Sales revenue: $5,545,907 Variable manufacturing expense: $2,142,205 Fixed manufacturing expense: $1,007,771 Variable selling and administrative expense: $470,035 Fixed selling and administrative expense: $375,728 Net operating income: $1,550,168 Shanita's contribution margin ratio is closest to: Select one: A. 43.2% B. 28.0% C. 52.9% D. 84.7% E. 75.1%

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 4EB: Roper Furniture manufactures office furniture and tracks cost data across their process. The...

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