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Hampton Company, a Producer of Computer Disks, Has the Following

Question 3

Multiple Choice

Hampton Company, a producer of computer disks, has the following information:
Hampton Company, a producer of computer disks, has the following information: -The contribution margin ratio equals A) revenue minus variable costs. B) variable costs divided by revenue. C) contribution margin divided by revenue. D) variable costs divided by contribution margin.
-The contribution margin ratio equals


A) revenue minus variable costs.
B) variable costs divided by revenue.
C) contribution margin divided by revenue.
D) variable costs divided by contribution margin.

Correct Answer:

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