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Cost volume profit analysis Johar Company provides the following information about its product: Targeted operating income $55,000 Selling price per unit 10 Variable cost per

Cost volume profit analysis

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Johar Company provides the following information about its product: Targeted operating income $55,000 Selling price per unit 10 Variable cost per unit 1.80 Total fixed costs 140,000 What is the contribution margin ratio? Round your answer to the nearest whole percent. O A. 122% O B. 82% O C. 18% O D. 100%

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