What is the formula used to calculate the contribution margin ratio?
A) Sales revenue * Variable cost ratio
B) Contribution margin/Variable costs
C) Fixed costs
D) 1 - Variable cost ratio
Correct Answer:
Verified
Q9: Sales * Contribution Margin is a shortcut
Q10: Which item is considered in cost-volume-profit analysis?
A)efficiency
B)effectiveness
C)product
Q11: The Kringel Company provides the following
Q12: The Kringel Company provides the following
Q13: The Kringel Company provides the following
Q15: Which of the following equations is used
Q16: The break-even point in units can be
Q17: Which of the following is a use
Q18: The Allen Company had the following
Q19: How is total contribution margin calculated?
A)by subtracting
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