In applying the high-low method, what is the unit variable cost? A) $2.16 B) $1, 88 C) $2.40 D) Cannot the determined from the information given. Contribution margin A) is always the same as grow profit margin. B) excludes variable selling costs from its calculation. C) is calculated by subtracting total manufacturing costs per unit from sales revenue per unit. D) equals sales revenue minus variable costs. If a company had a Contribution margin of $750,000 and a contribution margin ratio of 40%, total variable costs must have been A) $1, 125,000. B) $450,000. C) $1, 875,000. D) $300,000. Sales are $500,000 and variable costs are $300,000. What is the contribution margin ratio? A) 67% B) 40% C) 60% D) Cannot be determined because amounts are not expressed per unit. The break-even point is where A) total sales equal total variable costs. B) contribution margin equals total fixed costs. C) total variable costs equal total fixed costs. D) total sales equal total fixed costs