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:

Gender Expectations

Societal norms and beliefs about appropriate roles, behaviors, activities, and attributes for men and women.

Sex Segregation

The separation of people based on their sex, often seen in workplaces, educational settings, and social activities, which can lead to inequality.

Household Responsibilities

Tasks and duties related to the management and maintenance of a home, typically shared among members of a living unit.

Gender Pay Gap

The average difference in earnings between men and women who are working.