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

question 286

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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Definitions:

Turbulence

Turbulence refers to violent or unsteady movement of air or water, or a situation characterized by conflict or confusion.

Active Avoidance

A type of learning in which an individual learns to perform a behavior to prevent or avoid an unpleasant stimulus.

Aversive Event

An unpleasant or harmful event or stimulus that an individual seeks to avoid or minimize.

Passive Avoidance

A learning process in which animals learn to avoid an aversive stimulus based on previous negative experiences.