Final answer:
The contribution margin percentage is calculated by dividing the contribution margin by the sales revenue and multiplying by 100.
Step-by-step explanation:
The contribution margin percentage is calculated by dividing the contribution margin by the sales revenue and multiplying by 100. The formula for the contribution margin percentage is:
Contribution Margin Percentage = (Contribution Margin / Sales Revenue) * 100
The contribution margin is the difference between sales revenue and variable costs. It represents the amount of revenue that is available to cover fixed costs and contribute to profit.