Question: Compute and interpret the contribution margin ratio using the following data: sales, $5,200; total variable cost, $3,016. Contribution margin Contribution margin Contribution margin ratio Choose

Compute and interpret the contribution margin ratio using the following data:

Compute and interpret the contribution margin ratio using the following data: sales, $5,200; total variable cost, $3,016. Contribution margin Contribution margin Contribution margin ratio Choose Denominator: Choose Numerator: Contribution margin ratio Contribution margin ratio

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