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Find contribution margin ratio for the following data Extra Manufacturing Contribution Margin Statement For the Month Ended June 30, 2019 Sales $100,000 Less Variable Costs

Find contribution margin ratio for the following data

Extra Manufacturing Contribution Margin Statement For the Month Ended June 30, 2019

Sales $100,000

Less Variable Costs

Material $55,000

Labor 30,000

Contribution Margin 15,000

Less Fixed Costs

Rent 10,000

Operating Profit $5,000.

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