Which of the following is true regarding the contribution margin of a company that produces only a single product? The contribution margin equals selling price per unit less variable cost per unit. As fixed expenses decrease, the contribution margin increases. The contribution margin ratio multiplied by the variable cost per unit equals the contribution margin per unit. The contribution margin equals the selling price per unit less the variable expense ratio.

Which of the following is true regarding the contribution margin of a company that produces only a single product? The contribution margin equals selling price per unit less variable cost per unit. As fixed expenses decrease, the contribution margin increases. The contribution margin ratio multiplied by the variable cost per unit equals the contribution margin per unit. The contribution margin equals the selling price per unit less the variable expense ratio