Answered

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marie's magic shoppe provides the following information about its single product targeted opertating income selling price per unit variable costs per unit total fixed costs what is the contribution margin ratio

Sagot :

Zviko

Answer:

44 %

Explanation:

Hi your question is incomplete, I have searched for the full question online and I have attached it as an image below.

Contribution margin ratio = Contribution / Sales  x 100

where

Contribution = Sales - Variable Costs

                     = $21.58 - $12.00

                     = $9.58

therefore,

Contribution margin ratio = $9.58 / $21.58 x 100

                                          = 44.39 %

View image Zviko
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