If the contribution margin per unit is $15 and selling price per unit is $20, the contribution margin ratio is:
Question
Solution 1
The contribution margin ratio is calculated by dividing the contribution margin per unit by the selling price per unit.
Here's the step-by-step calculation:
- Contribution Margin per unit = $15
- Selling Price per unit = $20
So, Contribution Margin Ratio = Contribution Margin per unit / Sellin Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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