Solution-What the marginal contribution margin rate must be

What the marginal contribution margin rate must be

Reference no: EM132739047

Problem 1: Last year, the marginal contribution rate of Lamesa Company was 30%. This year, fixed costs are expected to be P120,000, the same as last year, and sales are forecasted at P550,000 a 10% increase over last year. For the company to increase income by P15,000 in the coming year, the marginal contribution margin rate must be

A. 20% C. 40%

B. 30% D. 70%

Reference no: EM132739047

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What the marginal contribution margin rate must be

Reference no: EM132739047

Reference no: EM132739047

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