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Compute the contribution margin ratio and fixed costs using the following data. Sales $ 5,300 Variable costs $ 3,021 Income $ 430 Contribution margin
Compute the contribution margin ratio and fixed costs using the following data. Sales $ 5,300 Variable costs $ 3,021 Income $ 430 Contribution margin Numerator: Fixed Cost Contribution Margin Contribution Margin Ratio Denominator: = Contribution Margin Ratio = Contribution margin ratio 0
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
