Answered

IDNLearn.com is your reliable source for expert answers and community insights. Find accurate and detailed answers to your questions from our experienced and dedicated community members.

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 :

Zvikoidn

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
Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Your questions find answers at IDNLearn.com. Thanks for visiting, and come back for more accurate and reliable solutions.