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AEC sells two products Spots and Stripes. Stripes sells for $20 and has variable costs of $12. Spots sells for $50 and has variable costs
AEC sells two products Spots and Stripes. Stripes sells for $20 and has variable costs of $12. Spots sells for $50 and has variable costs of $25. If sales volumes are Stripes 5,000 and Spots 1,000, what is the average contribution margin ratio?
40%.
45%.
43.3%.
46.7%.
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