Reference: 08-09
Fletcher Company Has Three Products with the Following

question 64

Multiple Choice

Reference: 08-09
Fletcher Company has three products with the following characteristics: $$\begin{array} { | l | l | l | l | } \hline & \text { Product A } & \text { Product B } & \text { Product C } \\\hline \text { Monthly sales in dollars } & \$ 60,000 & \$ 80,000 & \$ 100,000 \\\hline \text { Contribution margin ratio } & 20 \% & 40 \% & 16 \% \\\hline\end{array}$$
-The overall contribution margin ratio for the company as a whole is (round your final answer to the nearest tenth of a percent) :

• A)75.0%.
• B)25.3%.
• C)28.5%.
• D)25.0%.

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