Sohar Company has a product with a selling price per unit of OMR 200, the unit variable cost is OMR 110, and the total monthly fixed costs are OMR 300,000. How much is Sohar's contribution margin ratio? Select one: O a. None of the answers are correct О ь. 45% O c. 55% O d. 150% e. 182%

Sohar Company has a product with a selling price per unit of OMR 200, the unit variable cost is OMR 110, and the total monthly fixed costs are OMR 300,000. How much is Sohar's contribution margin ratio? Select one: O a. None of the answers are correct О ь. 45% O c. 55% O d. 150% e. 182%

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2BE: Contribution margin Waite Company sells 250,000 units at 120 per unit. Variable costs are 78 per...

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Question

Sohar Company has a product with a selling price per unit of OMR 200, the unit variable cost is OMR 110, and the total monthly
fixed costs are OMR 300,000. How much is Sohar's contribution margin ratio?
Select one:
O a. None of the answers are correct
Оь. 45%
O c. 55%
O d. 150%
О . 182%

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