Refer to Hunter Inc -What Is the Contribution Margin Ratio?
A) 41

Refer to Hunter Inc. information below.
Hunter Inc.
Hunter Inc. sells a unique product with the following information available:
$\begin{array}{ll}\text { Sales price } & \$ 85 \text { per unit } \\\text { Variable costs } & \$ 25 \text { per unit } \\\text { Fixed Costs } & \$ 10000 \\\text { Units produced and sold } & 1250\end{array}$
-What is the contribution margin ratio?

A) 41.67%
B) 2.40%
C) 70.59%
D) 61.18%

Correct Answer:

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