Question: Compute and interpret the contribution margin ratio using the following data: sales, $5,000, total variable cost, $3,000. Contribution margin Contribution margin Contribution margin ratio Choose

Compute and interpret the contribution margin ratio using the following data: sales, $5,000, total variable cost, $3,000. Contribution margin Contribution margin Contribution margin ratio Choose Numerator: Choose Denominator: Contribution margin ratio Contribution margin ratio

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