What is the formula for contribution margin?Select an answer:sales - SG&Asales - fixed costssales - variable costsales - CapEx
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The formula for contribution margin is: sales - variable costs. 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 i
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What is the formula for contribution margin?Select an answer:sales - SG&Asales - fixed costssales - variable costsales - CapEx
If the contribution margin per unit is $15 and selling price per unit is $20, the contribution margin ratio is:
If the contribution margin per unit is $15 and selling price per unit is $20, the contribution margin ratio is:Group of answer choices133%.75%.60%.80%.
An increase in variable costs .a.reduces contribution .b.increase margin of safety.c.increases the profit.d.increases p/v ratio .
2. A contribution margin is a measure of an item’s profitability, not simply its food cost. True False