Q250
If contribution margin per unit is 800 and selling price is 20000, then contribution margin percentage will be
A.
17.00%
B.
14.00%
C.
4.00%
AnswerD.
25.00%
Answer: Option C
Solution
Answer: Option C
Solution:
Contribution margin percentage = Contribution margin per unit÷ Selling price × 100
= 20000 × 100 = 4.00%.