Answer:
contribution margin ratio= (selling price - unitary variable cost) / selling price
Explanation:
We weren't provided with enough information to calculate the contribution margin ratio, but, I will provide the formula and an example to guide an answer.
To calculate the contribution margin ratio, we need to use the following formula:
contribution margin ratio= (selling price - unitary variable cost) / selling price
For example:
Selling price= $35
Unitary variable cost= 23
contribution margin ratio= (35 - 23)/35
contribution margin ratio= 0.34
