If sales are $80,000, variable costs are $50,000, and fixed costs are $20,000, the contribution margin ratio is:
A) 37.5%
B) 12.5%
C) 62.5%
D) 25.0%

Name: If sales are $80,000, variable costs are $50,000, and fixed costs are $20,000, the contribution margin ratio is: A) 37.5% B) 12.5% C) 62.5% D) 25.0%
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Quizplus · Accepted Answer

The Answer of If sales are $80,000, variable costs are $50,000, and fixed costs are $20,000, the contribution margin ratio is:
A) 37.5%
B) 12.5%
C) 62.5%
D) 25.0%

If Sales Are $80,000, Variable Costs Are $50,000, and Fixed