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Compute the contribution margin ratio and fixed costs using the following data. Sales $5,000 Variable costs $ 3,000 Income $ 400 Sales Answer is
Compute the contribution margin ratio and fixed costs using the following data. Sales $5,000 Variable costs $ 3,000 Income $ 400 Sales Answer is not complete. Contribution Margin Less: Variable cost Contribution margin Contribution Margin Ratio Numerator: Contribution margin 1 Sales Denominator: Contribution Margin Ratio Contribution margin ratio 0 Fixed Cost
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
