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Hollis Industries Produces Flash Drives for Computers Which It Sells

question 105

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Hollis Industries produces flash drives for computers which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April 1000 drives were sold. Fixed costs for March were $2 per unit for a total of $1000 for the month. How much is the contribution margin ratio?


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Reload

The action of refreshing or restarting a process, application, or webpage to apply changes or update information.

RAM

Stands for Random Access Memory, which is a type of computer memory that can be accessed randomly and is used for storing the working data and machine code currently in use.

Lint-free Cloth

A type of cleaning cloth that does not leave behind any fibers or residue, ideal for sensitive surfaces like electronic screens.

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A hardware device that allows a user to control multiple computers from one or more sets of keyboards, video monitors, and mice.

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