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Denali Company provides the following information about its single product: Targeted operating income $50,000 Selling price per unit $4.00 Variable cost per unit $1.20 Total
Denali Company provides the following information about its single product: Targeted operating income $50,000 Selling price per unit $4.00 Variable cost per unit $1.20 Total fixed costs $90,000 What is the contribution margin ratio? O a. 0.25 O b. 0.30 O c. 0.70 O d. 3.33
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