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Bikes Produced and Sold 410 Units 770 Units 1686 Units Total costs Variable costs $123,000 $231,000 $505,800 Fixed costs per year $180,950 $180,950 $180,950 Total
Calculate Presidios contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $640. (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.))
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