The data for a company are given below. Sales and production: $20000$ units Total sales: $600000$ Total costs: $200000$ Total fixed costs: $80000$ Calculate the company’s contribution to sales ratio.
- A20%
- B33%
- C67%
- D80%
Accounting 9706 · AS & A Level · Costs and cost behaviour
The data for a company are given below. Sales and production: $20000$ units Total sales: $600000$ Total costs: $200000$ Total fixed costs: $80000$ Calculate the company’s contribution to sales ratio.