Table 5 -2. Jane's Dress Emporium

-Refer to Table 5 -2. Jane's contribution margin is

Name: Table 5 -2. Jane's Dress Emporium -Refer to Table 5 -2. Jane's contribution margin is
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Question

Table 5 -2. Jane's Dress Emporium
 
-Refer to Table 5 -2. Jane's contribution margin is

Quizplus · Accepted Answer

Jane's contribution margin is calculated as (Sales - Variable Costs) / Sales. The correct answer is 52%, indicating that after covering variable costs, 52% of sales revenue is available to cover fixed costs and contribute to profit.