Question: Compute the contribution margin ratio and fixed costs using the following data. $ 4,800 Variable costs $ 2,976 Income $ 520 Sales 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. $ 4,800 Variable costs $ 2,976 Income $ 520 Sales Contribution Margin Contribution margin Contribution Margin Ratio Numerator: 1 Denominator: Contribution Margin Ratio Contribution margin ratio / Fixed Cost

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