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A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold Sales revenuee Variable manufacturing expense Fixed manufacturing expense Variable selling and

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A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold Sales revenuee Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense 352,000 Fixed selling and administrative expense Net operating income 460,000 $1,850,000 944,000 $ 234,000 $ 200,000 $120,000 The company's contribution margin ratio is closest to

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