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Donut Hut is a glazed donut stand in a downtown office building. The average selling price of a glazed donut is $2.51 and the average
Donut Hut is a glazed donut stand in a downtown office building. The average selling price of a glazed donut is $2.51 and the average variable expense per cup is $0.78. The average fixed expense per month is $1,300. An average of 1,800 glazed donuts are sold each month. What is the CM Ratio for Donut Hut? Multiple Choice 68.9% $1.73 $1,814 $3,114
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