Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit OMR 2,000 Unit variable costs OMR 500 Total fixed costs OMR 240,000 Units sold 400 The contribution...


Nizwa Co. has the following information available for December 2019:<br>Unit selling price of a TV unit<br>OMR<br>2,000<br>Unit variable costs<br>OMR<br>500<br>Total fixed costs<br>OMR<br>240,000<br>Units sold<br>400<br>The contribution margin ratio is:<br>Select one:<br>O a. 600,000<br>O b. 0.25<br>C. None of the answers are correct<br>O d. 0.75<br>O e. 1,500<br>

Extracted text: Nizwa Co. has the following information available for December 2019: Unit selling price of a TV unit OMR 2,000 Unit variable costs OMR 500 Total fixed costs OMR 240,000 Units sold 400 The contribution margin ratio is: Select one: O a. 600,000 O b. 0.25 C. None of the answers are correct O d. 0.75 O e. 1,500

Jun 11, 2022
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