QS 21-6 (Algo) Contribution margin ratio LO A1 Compute the contribution margin ratio and fixed costs using the following data. Sales $5,500 Variable costs $ 3,025 Income $ 450 Contribution margin Numerator: Fixed Cost Contribution Margin Contribution Margin Ratio Denominator: Contribution Margin Ratio Contribution margin ratio

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Chapter21: Cost Behavior And Cost-volume-profit Analysis
Section: Chapter Questions
Problem 21.26EX: Items on variable costing income statement In the following equations, based on the variable costing...
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QS 21-6 (Algo) Contribution margin ratio LO A1
Compute the contribution margin ratio and fixed costs using the following data.
Sales $5,500 Variable costs $ 3,025 Income $ 450
Contribution margin
Numerator:
Fixed Cost
Contribution Margin
Contribution Margin Ratio
Denominator:
Contribution Margin Ratio
Contribution margin ratio
Transcribed Image Text:QS 21-6 (Algo) Contribution margin ratio LO A1 Compute the contribution margin ratio and fixed costs using the following data. Sales $5,500 Variable costs $ 3,025 Income $ 450 Contribution margin Numerator: Fixed Cost Contribution Margin Contribution Margin Ratio Denominator: Contribution Margin Ratio Contribution margin ratio
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