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Bramble Corp. reported the following information for the current year: Sales (43000 units) $860000, direct materials and direct labor $430000, other variable costs $43000, and
Bramble Corp. reported the following information for the current year: Sales (43000 units) $860000, direct materials and direct labor $430000, other variable costs $43000, and fixed costs $360000. What is Brambles contribution margin ratio?
A. 71%.
B. 45%.
C. 29%.
D. 55%.
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