Question: Find contribution margin ratio for the following data Extra Manufacturing Contribution Margin Statement For the Month Ended June 30, 2019 Sales $100,000 Less Variable Costs


Find contribution margin ratio for the following data

Extra Manufacturing Contribution Margin Statement For the Month Ended June 30, 2019 

Sales $100,000 

Less Variable Costs 

Material $55,000 

Labor 30,000 

Contribution Margin 15,000 

Less Fixed Costs 

Rent 10,000 

Operating Profit $5,000. 


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