Question: The variable cost is $4 per unit for a product which sells for $10. For 1,000 units, what is the contribution margin ratio and contribution

The variable cost is $4 per unit for a product which

The variable cost is $4 per unit for a product which sells for $10. For 1,000 units, what is the contribution margin ratio and contribution margin in dollars? 40% and $6,000 60% and $8,000 60% and $6,000 20% and $2,000

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