The contribution margin ratio of 40 means that 60 cents of
The contribution margin ratio of 40% means that 60 cents of each sales dollar is available to cover fixed costs and to produce a profit.
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the difference between the costs at the high and low levels of activity represents the fixed cost element of a mixed
when applying the high-low method the variable cost element of a mixed cost is calculated before the fixed cost
the contribution margin ratio is calculated by multiplying the unit contribution margin by the unit sales pricetrue or
a piece of ice is kept at -20oc in a freezer the ice is defined as our systemwhich statements explains the fact that
the contribution margin ratio of 40 means that 60 cents of each sales dollar is available to cover fixed costs and to
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part athe accountant for lunn express wants to develop a balance sheet as of december 31 2014 the following items
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