Question

The contribution margin ratio:_________. A. Is the percent of each sales dollar that remains after deducting the total unit vaniable cost B. Is the percent of each sales dollar that remains after deducting the total unit fixed cost C. Is the percent of each sales dollar that remains to cover the variable and fixed costs D. Cannot be used in conjunction with other analytical tools E. ls the same as the unit contribution margin

Answer 1

A

Step-by-step explanation:

the difference between a company's sales and variable costs, expressed as a percentage. This ratio shows the amount of money available to cover fixed costs.