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Total Sales Revenue: $80,000; Variable Costs: $30,000; Fixed Costs: $20,000. Requirements : Calculate the contribution margin. Determine the contribution margin ratio.
- Total Sales Revenue: $80,000; Variable Costs: $30,000; Fixed Costs: $20,000.
- Requirements:
- Calculate the contribution margin.
- Determine the contribution margin ratio.
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
