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Complete this question by entering your answers in the tabs below. What is Annie's contribution margin (CM) ratio? Complete this question by entering your answers

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Complete this question by entering your answers in the tabs below. What is Annie's contribution margin (CM) ratio? Complete this question by entering your answers in the tabs below. Assume Annie's raises its solling price per serving and all else remains constant. a. Wili its variable expense ratio increase, decrease, or hold constant? b. Will its contribution margin ratio increase, decrease, or hold constant? 1. If the company's unit sales increase from 3,000 to 3,001 servings what will be the effect on profits? 2. Refer to the original data. If the company's unit sales increase from 3,000 to 3,002 servings what will be the effect on profits? Complete this question by entering your answers in the tabs below. Refer to the onginal data. If the company's unit sales increase from 3,000 to 3,002 servings what will be the effect on profits? 1. If the company's unit sales increase from 3,000 to 3,001 servings what will be the effect on profits? 2. Refer to the original data. If the company's unit sales increase from 3,000 to 3,002 servings what will be the effect on profits? Complete this question by entering your answers in the tabs below. If the company's unit sales increase from 3,000 to 3,001 servings what will be the effect on profits? Annie's Homemade sells ice cream for $5.00 per serving. Its variable cost is $1.25 per serving and its total fixed costs are $11,000 per nonth. Required: 1. What is Annie's variable expense ratio? What is Annie's contribution margin (CM) ratio? Assume Annie's raises its selling price per serving and all else remains constant. a. Will its variable expense ratio increase, decrease, or hold constant? b. Will its contribution margin ratio increase, decrease, or hold constant? Complete this question by entering your answers in the tabs below. What is Annie's variable expense ratio

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