Question: Make contribution margin statement. If there is no information regarding variable and fixed costs, then assume the variable cost is 70% of total costs and
Make contribution margin statement. If there is no information regarding variable and fixed costs, then assume the variable cost is 70% of total costs and expenses.
Contribution Margin = Revenue - Variable
Cost Contribution Margin Ratio = (Revenue - Variable Cost) / Total Revenues
Target Contribution Margin of = Revenue 106B - 75B Operating Expenses
Target Contribution Margin Ratio = (Total Revenue 106B - 75B Operating Expenses) / 106B Total Revenue
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