Jack's Toys Sells Kites for $20 Each

question 111

Multiple Choice

Jack's Toys sells kites for $20 each.Variable costs are $8 per refill.Fixed costs are $2,400 per month.What is the contribution margin per kite?

• A)$1.67
• B)$ 0.60
• C)$8.00
• D)$12.00

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