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1 1- Herman Loebl Company, a producer of salsa, has the following information: Income tax rate 30% Selling price per unit $8.00 Variable cost per

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1 1- Herman Loebl Company, a producer of salsa, has the following information: Income tax rate 30% Selling price per unit $8.00 Variable cost per unit $3.00 Total fixed costs $90,000.00 The contribution margin ratio is: Select one: a. 0.5 b. 5 C. 0.650 d. 0.625

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