Question: 28 Compute the contribution margin ratio and fixed costs using the following data. Sales $ 5,300 Variable costs $ 3,021 Income $ 430 Contribution

28 Compute the contribution margin ratio and fixed costs using the following data. Sales $ 5,300 Variable costs $ 3,021 Income $ 430 Contribution margin Numerator: Fixed Cost Contribution Margin Contribution Margin Ratio Denominator: Contribution Margin Ratio F Contribution margin ratio 0 4

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