Q231
If selling price is 5000, contribution margin per unit is 1000, then contribution margin percentage will be
A.
12.00%
B.
20.00%
AnswerC.
5.00%
D.
15.00%
Answer: Option B
Solution
Answer: Option B
Solution:
Contribution margin percentage = Contribution margin per unit ÷ selling price × 100 = 5000 × 100 = 20.00%