Your contribution margin is $2.68 considering the price of the braised ribs and the cost of the components.
Selling price per unit less variable cost per unit equals contribution margin, often known as dollar contribution per unit. The amount of sales income referred to as "Contribution" is the fraction that is not used to pay variable expenses and hence helps to cover fixed costs.
Given ingredients for your braised greens cost 1.32$ and sells at $4
We have to find contribution margin on that
The difference between a venture's variable costs and its selling price is the contribution margin:
= Selling price - Variable cost
The selling cost is $4 and the variable costs are $1.32.
Therefore Contribution margin is as follow:
= 4 - 1.32
= $2.68
Hence your contribution margin is $2.68 considering the price of the braised ribs and the cost of the components.
Learn more about contribution margin here:
brainly.com/question/7986902.
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