Cost-Volume-Profitd.Controlling86.Hollis Industries produces flash drives for computers, which it sells for €20 each. Eachflash drive costs €13 of variable costs to make. During April, 1,000 drives were sold. Fixedcosts for March were €2 per unit for a total of €2,000 for the month. How much is thecontribution margin ratio?
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88.If a company had a contribution margin of HK$1,000,000 and a contribution margin ratioof 40%, total variable costs must have beena.HK$1,500,000.b.HK$600,000.c.HK$2,500,000.d.HK$400,000.
90.A company has a unit contribution margin of £120 and a contribution margin ratio of 40%.What is the unit selling price?
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91.Sales are HK$500,000 and variable costs are HK$330,000. What is the contribution marginratio?
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