Question: The Contribution margin ratio is found by: a. Subtracting total fixed costs from sales and dividing this by the number of units produced. b. Adding
The Contribution margin ratio is found by:
a. Subtracting total fixed costs from sales and dividing this by the number of units produced.
b. Adding total variable costs and fixed costs and dividing by the selling price per unit
c. Taking the selling price per unit and subtracting variable costs from it and dividing by the selling price per unit.
d. Dividing total fixed and variable costs by the selling price per unit.
e. B & C only.
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c Taking the selling price per unit and subtracting variable costs from it ... View full answer
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