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A Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs to make. During April,
A Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for April were $2 per unit for a total of $2,000 for the month How much is the contribution margin ratio? Select one O a 40% O b. 30% O c. 70% O d. 60%
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