If fixed cost is $15000 and breakeven revenue is $45000 then contribution margin will be
A. 33.34%
B. 43.34%
C. 23.00%
D. 25.00%
Answer: Option A
Solution(By Examveda Team)
Contribution margin = Fixed cost ÷ Breakeven revenue × 100= $15000 ÷ $45000 × 100 = 33.34%.
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