What Formula Is Used to Calculate Contribution Margin Ratio

question 38

Multiple Choice

What formula is used to calculate contribution margin ratio?

• A)fixed costs/contribution margin per unit
• B)1 + variable cost ratio
• C)contribution margin per unit/variable costs per unit
• D)unit contribution margin/total revenues

---

Definitions:

Nationality

Refers to the belonging or affiliation of an individual to a specific nation either by birth or naturalization.

Concrete Operational

A stage in Piaget's theory of cognitive development, occurring from approximately age 7 to 11, where children gain the abilities for logical thought about concrete events, understand the law of conservation, and can classify and seriate.

Conservation

The protection, preservation, management, or restoration of natural environments and the ecological communities that inhabit them.

Abstractly

Related to thinking about concepts and ideas that are not physically present.