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M6-1 Calculating Contribution Margin, Contribution Margin Ratio [LO 6-1, 6-2] Determine the missing amounts in the following

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Answer #1
Unit sales price Unit variable costs Unit contribution margin Contribution margin ratio
30 6 24 80%
32 14 18 56%
34 19.38 14.62 43%

Unit sales price - Unit variable cost = Unit contribution margin

Unit contribution margin/unit sales price = Contribution margin ratio

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