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Compute the contribution margin ratio and fixed costs using the following data. Sales $4,600 Variable costs Less: Sales Variable cost $ 2,944 Income $
Compute the contribution margin ratio and fixed costs using the following data. Sales $4,600 Variable costs Less: Sales Variable cost $ 2,944 Income $ 540 Contribution Margin $ 4,600 2,944 Contribution margin Contribution Margin Ratio Numerator: Denominator: Fixed Cost = Contribution Margin Ratio = Contribution margin ratio 0
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
1285866304, 978-1285866307
