Question: Compute the contribution margin ratio and fixed costs using the following data. Sales $ 5,800 Variable costs $ 3,016 Income $ 480 Contribution Margin Contribution

Compute the contribution margin ratio and fixed costs using the following

Compute the contribution margin ratio and fixed costs using the following data. Sales $ 5,800 Variable costs $ 3,016 Income $ 480 Contribution Margin Contribution margin Contribution Margin Ratio Numerator: 1 Denominator: II Contribution Margin Ratio / Contribution margin ratio 0 Fixed Cost

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