Asked by
Mujeeb Sarwar
on Dec 16, 2024Verified
What is the company's contribution margin ratio?
A) 30%.
B) 250%.
C) 150%.
D) 70%.
Contribution Margin Ratio
The proportion of sales revenue that exceeds variable costs, indicating how much revenue contributes to fixed costs and profit.
- Grasp the concept and calculation of contribution margin and contribution margin ratio.
Verified Answer
WM
Learning Objectives
- Grasp the concept and calculation of contribution margin and contribution margin ratio.