Question: 45:15Time Remaining24Multiple Choice2.5 pointsThe contribution margin ratio: Is the percent of each sales dollar that remains after deducting the unit variable cost. Is the percent

45:15Time Remaining24Multiple Choice2.5 pointsThe contribution margin ratio: Is the percent of each sales dollar that remains after deducting the unit variable cost. Is the percent of each sales dollar that remains after deducting the unit fixed cost. Is the percent of each sales dollar that remains to cover the variable and fixed costs. Cannot be used in conjunction with other analytical tools.Multiple Choice 2.5 pointsA cost that includes both fixed and variable cost components is called a: Mixed cost.

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