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lakkis [162]
3 years ago
11

What is the answer to this question?

Mathematics
1 answer:
Romashka [77]3 years ago
7 0
Idk sorry !!!!!!!!!!!!!! Add them
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If sales are $425,000, variable costs are 62% of sales, and operating income is $50,000, what is the contribution margin ratio?
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In an internal operating income statement, the form is as such:

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The first equation helps us out. Sales is the whole amount for this statement, or 100%. We know variable costs are 62% and the rest goes to the Cont. Margin.

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