the contribution margin per unit expressed as a percentage of the products selling price is the:multiple…

the contribution margin per unit expressed as a percentage of the products selling price is the:multiple choicevolume variance.margin of safety.contribution margin ratio.break - even point.rate of return on sales.

the contribution margin per unit expressed as a percentage of the products selling price is the:multiple choicevolume variance.margin of safety.contribution margin ratio.break - even point.rate of return on sales.

Answer

Brief Explanations:

The contribution margin per unit is calculated as selling price per unit minus variable cost per unit. When this is expressed as a percentage of the product's selling price, it is called the contribution margin ratio. The formula for contribution margin ratio is (\frac{\text{Contribution Margin per Unit}}{\text{Selling Price per Unit}}\times100%).

  • Volume variance is related to the difference in quantity sold compared to budgeted quantity.
  • Margin of safety is the difference between actual (or projected) sales and break - even sales.
  • Break - even point is the level of sales at which total revenue equals total costs (no profit, no loss).
  • Rate of return on sales is net income divided by sales.

Answer:

Contribution margin ratio.