The contribution margin ratio is closest to?

A) 1.9%.
B) 47.1%.
C) 2.1%.
D) 52.9%.

Contribution Margin Ratio

The percentage of sales that exceeds variable production costs, indicating how much of each sales dollar is available to cover fixed costs and generate profit.

Variable Expenses

Expenses that vary directly with changes in business activities or production levels, similar to variable costs, including items like shipping fees and sales commissions.