Ibra Industries produces windows, which it sells for OMR 20 each. Each Unit costs OMR 13 of variable costs to make. During April, 1,000 Units were sold. Fixed costs were a total of OMR 1,000 for the...

Ibra Industries produces windows, which<br>it sells for OMR 20 each. Each Unit costs<br>OMR 13 of variable costs to make. During<br>April, 1,000 Units were sold. Fixed costs<br>were a total of OMR 1,000 for the month.<br>How much is the contribution margin<br>ratio?<br>Select one:<br>O a. None of the answers are correct<br>O b. 75%<br>O c. 25%<br>O d. 35%<br>O e. 65%<br>

Extracted text: Ibra Industries produces windows, which it sells for OMR 20 each. Each Unit costs OMR 13 of variable costs to make. During April, 1,000 Units were sold. Fixed costs were a total of OMR 1,000 for the month. How much is the contribution margin ratio? Select one: O a. None of the answers are correct O b. 75% O c. 25% O d. 35% O e. 65%

Jun 11, 2022

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Ibra Industries produces windows, which it sells for OMR 20 each. Each Unit costs OMR 13 of variable costs to make. During April, 1,000 Units were sold. Fixed costs were a total of OMR 1,000 for the...

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