Question: What is the formula for calculating contribution margin ratio? A. Contribution margin/net income B. Contribution margin/fixed costs C. Contribution margin/desired profit D. Contribution margin/sales

What is the formula for calculating contribution margin ratio? A. Contribution margin/net income B. Contribution margin/fixed costs C. Contribution margin/desired profit D. Contribution margin/sales

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

20. For Stone Hill Bottling Company, the salespersons' commissions are an example of: a. a variable cost. b. a fixed cost. c. a mixed cost. d. none of these 19. Lucy Treasures operates a chain of...

What is the formula for calculating contribution margin ratio? Contribution margin/desired profit Contribution margin/net income Contribution margin/fixed costs Contribution margin/sales

Which of the following formulas is the right formula for calculating contribution margin ratio? A. Contribution margin ratio = Contribution margin x Net sales revenue B. Contribution margin ratio =...

.Multiple choice questions: 1) Which of the following formulae is the right formula for calculating contribution margin ratio? A) Contribution margin ratio = Contribution margin + Net sales revenue...

NEED HELP PLEASE. The questions have multiple choice answers that are provided. 1. If the cost of indirect materials needed for production is insignificant, it should not be included in the budgeting...

#6 Grace Jones was just hired as an accounting intern at your company. Can you assist Grace and identify what is the formula for calculating contribution margin ratio? Multiple Choice Contribution...

Learning Objective 1 3.54,000 E21-32 Determining mixed costs-the high-low method The manager of Trusty Car Inspection reviewed the monthly operating costs for the past year. The costs ranged from...

Please complete all requirements of questions E21-30 & E21-31 in excel sheet. thank you! Learning Objective 1 3. 54,300 E21-30 Determining mixed costs the high-low method The manager of Quick Car...

1- Determine how changes in volume affect costs? (1 mark) 2- How Is Cost-Volume-Profit (CVP) Analysis Used? (1 mark) E20-23 Calculating contribution margin ratio, preparing contribution margin income...

27) Which of the following formulas is the right formula for calculating contribution margin ratio? A) Contribution margin ratio = Contribution margin Net sales revenue B) Contribution margin ratio =...

Draw the output signal for the circuit shown in the figure below: * thy2 thy2=45 th3=90 thy1-90 Vout1 15 Vrms thy1 Vin 1000 Hz L1 68mH thy3 Vout2

2. An ironworker crew consists of the following personnel: @$20.50/hr @$19.15/hr @$14.42/hr @S14.79/hr @$19.05/hr 7% time on the job 42% time on the job 42% time on the job Forman Carpenter (3)...

What is the primary risk associated with investing in foreign bonds? Question 1 options: a ) Reinvestment risk b ) Interest rate risk c ) Exchange rate risk d ) Call risk

Discuss how the theory of individual behavior can be used to interpret quantitative data and inform managerial decisions. Provide an example of how a manager could use these concepts to develop a...

Discuss the significance of process issues such as communication in compensation management. page 499

List the main decision areas and concepts in employee compensation management. page 480

Describe the major administrative tools used to manage employee compensation. page 484