Find out contribution margin if variable rate is.4 and the item's selling price is $12.50. (Round all intermediate calculations to hundredth of a decimal (.00) unless they naturally round up to tenth of a decimal or a whole number. Round the number of customers to a whole number) Select one: O a. $31.25 O b. $5 O c. cannot be determined from the information given O d. $7.5

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Find out contribution margin if variable rate is.4 and the item's selling price is $12.50. (Round all intermediate calculations to hundredth of a
decimal (.00) unless they naturally round up to tenth of a decimal or a whole number. Round the number of customers to a whole number.)
Select one:
O a $31.25
O b. $5
C. cannot be determined frorm the information given
O d. $7.5
Transcribed Image Text:Find out contribution margin if variable rate is.4 and the item's selling price is $12.50. (Round all intermediate calculations to hundredth of a decimal (.00) unless they naturally round up to tenth of a decimal or a whole number. Round the number of customers to a whole number.) Select one: O a $31.25 O b. $5 C. cannot be determined frorm the information given O d. $7.5
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