Reference: 08-08 Janet Company Produces a Game That Sells for $17 Per

question 12

Multiple Choice

Reference: 08-08
Janet Company produces a game that sells for $17 per game. Variable expenses are $9 per game and fixed expenses total $172,000 annually.
-The contribution margin ratio is closest to?

• A)1.9%.
• B)47.1%.
• C)2.1%.
• D)52.9%.

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