I ma trying to figure out the contribution margin ratio by product and I am dividing the contribution margin by sales and I keep coming up with the…

Published by admin at August 13, 2023

Tags

I ma trying to figure out the contribution margin ratio by product and I am dividing the contribution margin by sales and I keep coming up with the wrong answer. Can you help me figure out what I am doing wrong?

contribution margin of 5,088,000.0 which I am dividing by the number of sales (4,800) and I get 1060. which I know is wrong

contribution margin of 3,943,200.00 which I am dividing by the number of sales (4650) and I get 848 which i know is wrong.

What am I doing wrong here?

I ma trying to figure out the contribution margin ratio by product and I am dividing the contribution margin by sales and I keep coming up with the…

"Get 15% discount on your first 3 orders with us" Use the following coupon FIRST15

Related posts

a running track measures 1056 ft per lap. to run 15.0 km how many laps should you run? How do you break the equation down into a solution map?

A local magic shop has a monopoly on the production of magic wands. Each customer wants only one magic wand, and the table below shows each…

A machine produces pipes used in airplanes. The average length of the pipe is 16 inches. The acceptable variance for the length is .3 inches. A…

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15