The contribution margin ratio is The contribution margin format income statement is organized by Multiple Choice O O responsibility centers. O functional classifications O sales territories O cost behavior classifications. Managerial accounting can best be described as: Multiple Choice 0 the preparation and distribution of the financial statements. 0 the preparation and distribution of the corporate tax return the preparation and use of accounting information within the organization. 0 ) meeting the requirements of generally accepted accounting principles Selling price per unit Variable expenses per unit Fixed expenses per month $ 100 $ 40 $60,000 The contribution margin ratio is: Multiple Choice 40%. 60%. 62 56. Prev 11 of 15 til Next