menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Accounting Study Set 17
  4. Exam
    Exam 5: Cost Behavior
  5. Question
    The Contribution Margin Ratio Is Calculated as Total Contribution Margin
Solved

The Contribution Margin Ratio Is Calculated as Total Contribution Margin

Question 42

Question 42

True/False

The contribution margin ratio is calculated as total contribution margin divided by total sales revenue.This is the formula for contribution margin ratio.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: Carson,which uses the high-low method of estimating

Q8: Laredo,Inc.has a contribution margin ratio of 45%.This

Q21: Which of the following is a fixed

Q37: The per-unit amount of three different production

Q39: The visual fit method is the most

Q40: Firms may choose to use absorption costing

Q43: Contribution margin is defined as sales revenue

Q46: A variable cost increases in total as

Q47: Flint Enterprises had the following cost and

Q76: A step cost:<br>A)is a fixed cost over

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines