Solved

Titanium,Inc What Is the Contribution Margin Ratio of Beta? (Round Your

Question 119

Multiple Choice

Titanium,Inc.reports the following information for April:  Alpha  Beta  Units sold 3,000 units 750 units  Sales price per unit $350$600 Variable manufacturing cost per unit 200500 Sales commission per unit:  Alpha: 8% of sales price 28 Beta: 6% of sales price 36\begin{array} { | l | r | r | } \hline & \text { Alpha } & \text { Beta } \\\hline \text { Units sold } & 3,000 \text { units } & 750 \text { units } \\\hline \text { Sales price per unit } & \$ 350 & \$ 600 \\\hline \text { Variable manufacturing cost per unit } & 200 & 500 \\\hline \text { Sales commission per unit: } & & \\\hline \text { Alpha: } 8 \% \text { of sales price } & 28 & \\\hline \text { Beta: } 6 \% \text { of sales price } & & 36 \\\hline\end{array} What is the contribution margin ratio of Beta? (Round your answer to two decimal places. )


A) 16.67%
B) 10.67%
C) 42.86%
D) 6.00%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents