Question: 21. How is the contribution margin ratio calculated? (18) 23. Calculate the overhead rate. (15) 24. When is a static budget appropriate in evaluating

21. How is the contribution margin ratio calculated? (18) 23. Calculate the

21. How is the contribution margin ratio calculated? (18) 23. Calculate the overhead rate. (15) 24. When is a static budget appropriate in evaluating a manager's performance? (23) 25. What causes an unfavorable materials quantity variance to occur? (24) 26. Top management's reaction to a difference between budgeted and actual sales often depends on

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