ABC Company's sales are $100,000, fixed costs are $50,000, and variable costs are $30,000.ABC Company's contribution margin ratio is:

Name: ABC Company's sales are $100,000, fixed costs are $50,000, and variable costs are $30,000.ABC Company's contribution margin ratio is:
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Quizplus · Accepted Answer

The contribution margin is calculated as Sales minus Variable Costs, which is $100,000 - $30,000 = $70,000. The contribution margin ratio is the contribution margin divided by sales, so $70,000 / $100,000 = 70%.

ABC Company's Sales Are $100,000, Fixed Costs Are $50,000, and Variable