The following details were supplied by a company. Total sales: $400 000 Production and sales (units): 10 000 Total costs: $250 000 Total fixed costs: $60 000 What was the contribution to sales ratio?
- A37.5%
- B47.5%
- C52.5%
- D62.5%
Accounting 9706 · AS & A Level · Costs and cost behaviour