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Ivanshal [37]
3 years ago
8

The ingredients for your braised ribs cost $11.32. You sell it for $20. What is

Mathematics
2 answers:
Mnenie [13.5K]3 years ago
8 0
The answer should be 0.3472
alex41 [277]3 years ago
6 0

Answer:

.03472

Step-by-step explanation:

take sell price $20. subtract cost of 11.32 which equals 8.68. then divide 8.68 by the sell price $20

The formula for contribution margin is the sales price of a product minus its variable costs. In other words, calculating the contribution margin determines the sales amount left over after adjusting for the variable costs of selling additional products.

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