The data below refers to a business. Output in units: 375, Sales: $750000, Profits: $100000 Output in units: 500, Sales: $1000000, Profits: $250000 What is the ratio of contribution to sales?
- A25%
- B50%
- C60%
- D83%
Accounting 9706 · AS & A Level · Costs and cost behaviour
The data below refers to a business. Output in units: 375, Sales: $750000, Profits: $100000 Output in units: 500, Sales: $1000000, Profits: $250000 What is the ratio of contribution to sales?