What is the formula for contribution margin?Select an answer:sales - SG&Asales - fixed costssales - variable costsales - CapEx

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

The contribution margin is calculated by subtracting:a.Variable costs from fixed costsb.Fixed costs from total costsc.Variable costs from sales revenued.Sales revenue from variable costs

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

The contribution margin ratio can be calculated as:Group of answer choicestotal contribution margin divided by total sales.contribution margin per unit multiplied by selling price per unit.all of the options are correct.total sales divided by total contribution margin.

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