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    Financial and Managerial Accounting Study Set 1
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    Exam 18: Cost Behavior and Cost-Volume-Profit Analysis
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    The Contribution Margin Ratio Is the Percent of Each Sales
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The Contribution Margin Ratio Is the Percent of Each Sales

Question 101

Question 101

True/False

The contribution margin ratio is the percent of each sales dollar that remains after deducting the unit variable cost.

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