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  3. Study Set
    Financial and Managerial Accounting
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    Exam 19: Variable Costing and Performance Reporting
  5. Question
    Contribution Margin Ratio Is the Percent of Each Sales Dollar
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Contribution Margin Ratio Is the Percent of Each Sales Dollar

Question 73

Question 73

True/False

Contribution margin ratio is the percent of each sales dollar used to cover variable costs.

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