A company has the following information for producing 2000 units of a product. sales revenue $85000, direct materials $30000, direct labour $14000, direct expenses $2500, other variable overheads $10200, fixed overheads $8000. What is the contribution to sales ratio?
✓ Correct answer
B: 33.29%
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Traditional costing methods and see which topics are most likely to come up next.
Sign up free →