> Contribution margin ratio Accounting?

Contribution margin ratio Accounting?

Posted at: 2014-12-05 
Formula: To calculate the contribution margin ratio, divide the contribution margin by sales. The contribution margin is calculated by subtracting all variable costs from sales. The formula is:

Sales - Variable expenses

Sales

accounting student my self .

Wesland Corp. had total variable costs of $154,539, total fixed costs of $118,400, and total revenues of $245,300.



Calculate contribution margin ratio. (Round answer to 0 decimal places, e.g. 15%.)

Contribution margin ratio ????? %



Compute the required sales in dollars to break even.

Required sales ???$