The contribution margin ratio is calculated by dividing: Contribution margin by total sales Total variable...

60.1K

Verified Solution

Question

Accounting

The contribution margin ratio is calculated by dividing:
Contribution margin by total sales
Total variable costs by total sales
Total costs by total sales
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students