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Compute the contribution margin ratio and thebreakeven pointin total sales dollars for Wall Street Products if the selling price per unit is $16, thevariable costper

Compute the contribution margin ratio and thebreakeven pointin total sales dollars for Wall Street Products if the selling price per unit is $16, thevariable costper unit is $8, and thefixed costsare $6,250.

Contribution margin ratio	% ?
Breakeven dollars	$ ?

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