Dana’s company sells three handcrafted china products: bowls, plates, and cups. the bowls bring in $125,000 in sales, with variable costs of $58,000. the fixed costs for the company amount to $30,000. what are the contribution margin and the contribution margin ratio for the bowls?

Contribution margin = $67,000

contribution margin ratio = 0.536

Explanation:

Data provided :

The total sales of bowls = $125,000

Total variable cost for bowls =  $58,000

Fixed costs for the company = $30,000

Now,

The contribution margin is given as:

Contribution margin = Total sales - Variable cost

or

Contribution margin = $125,000 - $58,000 = $67,000

and,

the contribution margin ratio =

or

the contribution margin ratio =

or

the contribution margin ratio = 0.536

CONTRIBUTION MARGIN = $67,000

CONTRIBUTION MARGIN RATIO = 53.6%

Explanation:

= $67,000

*100%

*100% = 53.6%

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