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The Following Information Is for Allen Corporation The Contribution- Margin Ratio Is:
A) 64

Question 54

Multiple Choice

The following information is for Allen Corporation:  Total fixed costs $313,500 Variable costs per unit $101 Selling price per unit $163\begin{array}{ll}\text { Total fixed costs } & \$ 313,500 \\\text { Variable costs per unit } & \$ 101 \\\text { Selling price per unit } & \$ 163\end{array} The contribution- margin ratio is:


A) 64.3%
B) 55.6%
C) 38.0%
D) 35.7%

Correct Answer:

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