Answered: The contribution margin ratio is equal…

The contribution margin ratio is equal to: total manufacturing expenses / sales. contribution margin / sales. 1- (Gross margin / sales). O 1- (Contribution margin / sales).

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 10E

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