Question: 2. Compute the contribution margin ratio and fixed costs using the following data. Sales $ 5,500 Variable costs $ 3,025 Income $ 450 Contribution Margin

2. Compute the contribution margin ratio and fixed costs using the following data.

Sales $ 5,500 Variable costs $ 3,025 Income $ 450
Contribution Margin
Contribution margin
Contribution Margin Ratio
Numerator: / Denominator: = Contribution Margin Ratio
/ = Contribution margin ratio
Fixed Cost

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