Question: Compute the contribution margin ratio and fixed costs using the following data. Sales $ 4,000 Variable costs $2,800 Income $ 600 Contribution Margin Contribution margin

Compute the contribution margin ratio and fixed costs using the following data. Sales $ 4,000 Variable costs $2,800 Income $ 600 Contribution Margin Contribution margin Contribution Margin Ratio Numerator: Denominator: Fixed Cost 1 = Contribution Margin Ratio = Contribution margin ratio

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