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Bramble Corp. produces flash drives for computers, which it sells for $10 each. Each flash drive costs $7 of variable costs to make. During April,
Bramble Corp. produces flash drives for computers, which it sells for $10 each. Each flash drive costs $7 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio?
a) 10%
b) 30%
c) 35%
d) 90%
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