Current Attempt in Progress Cullumber Monograms sells stadium blankets that have been monogrammed with high school and
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Question:
Current Attempt in Progress Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $40 throughout the country to loyal alumni of over 1,600 schools. Cullumbers variable costs are 40% of sales; fixed costs are $120,000 per month.
(a1) Calculate contribution margin ratio.
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