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Determine the contribution margin ratio using the following information: Unit sales 62,000 units Unit selling price $19.25 Unit variable cost $13.65 Fixed costs $214,000 17.9%

Determine the contribution margin ratio using the following information:

Unit sales 62,000 units
Unit selling price $19.25
Unit variable cost $13.65
Fixed costs $214,000

17.9%

25.3%

29.1%

70.9%

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