The information below applies to a month. Sales revenue: 150000 Direct materials: 45000 Direct labour: 28000 Variable overheads: 7000 Fixed overheads: 21000 Calculate the contribution to sales ratio.
- A32.67%
- B46.67%
- C48.67%
- D53.33%
Accounting 9706 · AS & A Level · Costs and cost behaviour
The information below applies to a month. Sales revenue: 150000 Direct materials: 45000 Direct labour: 28000 Variable overheads: 7000 Fixed overheads: 21000 Calculate the contribution to sales ratio.