Contribution margin ratio is represented by a. (Sales Fixed Cost)/Sales. b. (Sales Variable Cost)/Sales. c.
Question:
Contribution margin ratio is represented by
a. (Sales — Fixed Cost)/Sales.
b. (Sales — Variable Cost)/Sales.
c. (Fixed Cost — Variable Cost)/Sales.
d. Variable Cost/Sales.
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Related Book For 
Managerial Accounting
ISBN: 9780078110771
1st Edition
Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips
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