parkor1164 parkor1164

26-02-2021
Business

contestada

Compute the contribution margin ratio using the following data: sales, $4,800; total variable cost, $2,976.

Respuesta :

andromache andromache

27-02-2021

Answer:

the contribution margin is $1,824

Explanation:

The computation of the contribution margin is shown below:

As we know that

Contribution margin is

= $Sales - variable cost

= $4,800 - $2,976

= $1,824

hence, the contribution margin is $1,824

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