alleryStart learning →Contribution margin ratio is 35% on sales of $200,000. Variable costs are?
A$70,000
B$65,000
C$135,000
D$130,000
Answer & Solution
Correct answer: D. $130,000
Variable costs are 100% - 35% = 65 percent of 200,000, which is 130,000.
Keep practising Cost Accounting
Browse all Cost Accounting questions for CA Inter, or explore more Cost and Management Accounting topics.
Related questions
Factory property taxes are categorised as which type of overhead?Cost accounting aims to compute cost, facilitate cost control and what?IFRS are issued by which body?Total assets are 500 and liabilities 320. What is equity?Opening cash 20, inflows 90, outflows 60. What is closing cash?Opening retained earnings 40,000, net income 25,000, dividends 10,000. Closing?Throughput accounting includes which costs in cost of goods sold?Across a business's life, FIFO, average cost and LIFO change which item?