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Amold Inc, sells widgets for $20, with variable costs of S15 per unit, fixed costs of $25,000, and sales of 12,000 units, then the contribution

Amold Inc, sells widgets for $20, with variable costs of S15 per unit, fixed costs of $25,000, and sales of 12,000 units, then the contribution margin ratio will equal 25.0%. True False

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