Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 7. what is the contribution margin % and gross mar

7. What is the contribution margin % and gross margin %: Contribution margin % Gross...

90.2K

Verified Solution

Question

Accounting

image

7. What is the contribution margin % and gross margin %: Contribution margin % Gross margin % Basis facts: Sales $80 Direct material $28 Direct labor $12 Overhead $10 indirect and $10 direct SG&A expense $12 indirect $4 direct

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Give five Differential diagnosis of deep vein thrombosis and their differentiating features on ultrasound

Medical Sciences
Q

explain the differences and similarities between classical and relativistic Electrodynamics.

Physics
Q

Design a modified sequence counter (Student ID Counter) that will count out the following sequence: The...

Electrical Engineering
Q

In practice, Business Organizations need finance to operate and attain their strategic objectives. critically identify the...

Finance
Q

Seth designed an experiment to see if butterflies were attracted to a particul for feeding...

Biology
Q

The liquid in the first pipe was flowing at an average speed of 18 centimeters...

Physics
Q

2 Using the right triangle determine the value of h 18 100 meters

Geometry
Q

Boris s class measured the lengths of 9 leaves Draw a line plot for the...

Basic Math
Q

Lydia earns $540 per week. Each week, $32 is deducted for federal income taxes, $24.50...

Basic Math
Q

Suppose a university accepts 70 of the students who apply The probability of being accepted...

Statistics
Q

Problem 3-3A Preparing adjusting entries, adjusted trial balance, and financial statements LO A1, P1, P2,...

Accounting
Q

Assume the total expense for your current year in college equals $60,000. How much would...

Finance