If the contribution margin per unit is $15 and selling price per unit is $20, the contribution margin ratio is:

Question

If the contribution margin per unit is $15 and selling price per unit is $20, the contribution margin ratio is:
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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:

  1. Contribution Margin per unit = $15
  2. 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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