I need answer G Company budgets sales of$2,250,000, fixed costs of$62,900, and variable costs of$280,600.What isthecontribution margin ratio for GCompany?

Explanation of Contribution Margin:The Contribution Margin is the amount of revenue left over after…

Answered: G Company budgets sales of $2,250,000,…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 16E

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G Company budgets sales of $2,250,000, fixed costs of $62,900, and variable costs of $280,600. What is the contribution margin ratio for G Company?