Question: Compute the contribution margin ratio and fixed costs using the following data. Sales $ 6,000 Variable costs $ 3,000 Income $ 500 Contribution margin Contribution

Compute the contribution margin ratio and fixed costs using the following data. Sales $ 6,000 Variable costs $ 3,000 Income $ 500 Contribution margin Contribution Margin Contribution Margin Ratio Numerator: 1 Fixed Cost Denominator: = Contribution Margin Ratio = Contribution margin ratio 0

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