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Bonita Industries produces flash drives for computers, which it sells for $ 25 each. Each flash drive requires $ 5 of variable costs to make.

Bonita Industries produces flash drives for computers, which it sells for $ 25 each. Each flash drive requires $ 5 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $ 1000. How much is the contribution margin ratio?

28%

80%

72%

25%

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