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A company manufactures and sells soap. The direct material costs per unit is K2.00, the direct labour cost is K1.00 per unit and fixed overheads

A company manufactures and sells soap. The direct material costs per unit is K2.00, the direct labour cost is K1.00 per unit and fixed overheads are absorbed at K0.50 per unit. If the selling price is K5.00 per unit what is the contribution to sales ratio??

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