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25-04-2017
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Bryce co. sales are $914,000, variable costs are $498,130, and operating income is $196,000. what is the contribution margin ratio?

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Аноним Аноним

06-05-2017

Sales: $914,000

Variable Costs: $498,130

Operating Income: $196,000

Contribution Margin Ratio = ?

Formula:

Contribution Margin Ratio = (Sales – Variable Costs) / Sales

Solution:

Contribution Margin Ratio = ( $914,000 - $498,130) / $914,000

Contribution Margin Ratio = 45.5% (Answer)

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