A-LevelAccountingTraditional costing methods9706/12 · Oct/Nov 2019 · Q261 Mark

A business has the following information relating to its single product. $ selling price per unit 30 variable cost per unit 14 total cost per unit 24 What is its contribution to sales ratio?

A20%

B46.67%

C53.33%

D80%

✓ Correct answer

C: 53.33%

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Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2019 Paper 1 Variant 2, question 26.

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