Refer to the following Cost-Volume-Profit (CVP) graph of a business entity to answer the following question. What is the Contribution Margin Ratio (in percentage) if the selling price is $28? Do not enter any sign or symbol, only enter two (2) decimal places numbers, such as 123.56.

If the contribution margin per unit is $15 and selling price per unit is $20, the contribution margin ratio is:

What is the Contribution Margin Ratio (in percentage) if the selling price is $28? Do not enter any sign or symbol, only enter two (2) decimal places numbers, such as 123.56.

In cost-volume-profit analysis, the contribution margin per unit is:Multiple ChoiceThe same as the contribution margin ratio.Selling price per unit less total cost per unit.Selling price per unit less variable costs per unit.Selling price per unit less fixed costs per unit.Selling price per unit less cost of goods sold per unit.

A product has a sales price of $234 and a per-unit variable cost of $64.What is the contribution margin ratio?  Please answer to 2 decimal places

Contribution margin is calculated as:Question 4Select one:a.sales minus cost of goods soldb.sales minus total variable costsc.sales minus total variable manufacturing costsd.sales minus total variable manufacturing costs and total fixed manufacturing costs