1 answer

How do i solve this ? Quote Sweet Treats sells ice cream cones for $4.50 per customer. Variable costs are

Question:

how do i solve this ?
Quote Sweet Treats sells ice cream cones for $4.50 per customer. Variable costs are $2.50 per cone. Foed costs are $2.500 per
Quote Sweet Treats sells ice cream cones for $4.50 per customer. Variable costs are $2.50 per cone. Foed costs are $2.500 per month. What is the company's contribution margin ratio? O A. 2% OB. 55,56% O C. 44.44% OD. 80%

Answers

Contribution margin=Sales-Variable costs

=(4.5-2.5)=$2

Contribution margin ratio=Contribution margin/Sales price

=$2 /$4.5

=44.44%(Approx).

.

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