The Contribution Margin Ratio Explains the Percentage of Each Sales

question 155

Multiple Choice

The contribution margin ratio explains the percentage of each sales dollar that

• A)contributes towards variable costs.
• B)contributes towards sales revenue.
• C)contributes towards period expenses.
• D)contributes towards fixed costs and generating a profit.

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Definitions:

Modeling

A method of learning that involves observing and replicating others' behaviors, attitudes, or emotional expressions.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Operant Conditioning

An educational method where the intensity of an action is altered by rewards or penalties.

Cognitive Learning

A learning style focusing on the mental processes involved in gaining knowledge and comprehension.