how do i solve this ? Quote Sweet Treats sells ice cream cones for $4.50 per customer. Variable costs are $2.50 per...

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Question

how do i solve this ?

Answer 1

Answer #1

Contribution margin=Sales-Variable costs

=(4.5-2.5)=$2

Contribution margin ratio=Contribution margin/Sales price

=$2 /$4.5

=44.44%(Approx).

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Answer 2

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