Sales are $500000 and variable costs are $280000. What is the contribution margin ratio? 44%. 79%....
Sales are $500000 and variable costs are $280000. What is the contribution margin ratio?
| 44%. |
| 79%. |
| Cannot be determined because amounts are not expressed per unit. |
| 56%. |
Homework Answers
| Formula to calculate contribution margin ratio | ||
| Contribution margin ratio | Contribution margin/Sales | |
| Contribution margin | Sales - Variable costs | |
| Contribution margin | 500000-280000 | |
| Contribution margin | $220,000 | |
| Calculation of contribution margin ratio | ||
| Contribution margin ratio | 220000/500000 | |
| Contribution margin ratio | 44.00% | |
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Sales are $500000 and variable costs are $280000. What is the contribution margin ratio? 44%. 79%....
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ID#0101 contribution margin ratio, unit contribution margin, income and operations
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Contribution Margin Ratio a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable...
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Determine the missing amounts Unit Contribution Margin Unit Selling Price Unit Variable Costs Contribution Margin Ratio...
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Multiple Choice Question 88 If a company had a contribution margin of $500000 and a contribution margin ratio of 40%, total variable costs must have been $750000. $1250000. $200000 $300000
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