Carrabelle Company Has Provided the Following Information Calculate the Contribution Margin Ratio

question 176

Multiple Choice

Carrabelle Company has provided the following information: $$\begin{array} { | l | r | } \hline \text { Sales price per unit } & \$ 56 \\\hline \text { Variable cost per unit } & 12 \\\hline \text { Fixed costs per month } & \$ 12,000 \\\hline\end{array}$$ Calculate the contribution margin ratio.(Round your answer to two decimal places.)

• A)21.43%
• B)82.35%
• C)64.71%
• D)78.57%

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