Multiple Choice
Answer the following questions using the information below:
Nancy's Niche sells a single product.8000 units were sold resulting in $80 000 of sales revenue,$20 000 of variable costs,and $10 000 of fixed costs.
-The contribution margin percentage is:
A) 25.0%.
B) 12.5%.
C) 37.5%.
D) 75.0%.
Correct Answer:
Verified
Correct Answer:
Verified
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