Accounting 9706 · AS & A Level · Costs and cost behaviour

Costs and cost behaviour — practice question

A business has the following data for its only product: selling price per unit $30$, variable cost per unit $14$, and total cost per unit $24$. What is its contribution to sales ratio?

  • A20%
  • B46.67%
  • C53.33%
  • D80%

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