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Oradell Company sells its single product at a price of $60 per unit and incurs the following variable costs per unit of product: Oradell’s annual fixed costs are $880,000, and Oradell is subject to a 30% income tax rate.If prime costs increased by 20% and all other values remained the same, Oradell Company’s contribution margin (to the nearest whole percent) is If prime costs increased by 20% and all other values remained the same, Oradell Company’s contribution margin (to the nearest whole percent) isA. .30 B. .76 C. .20 D. .24 |