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From the past data, sales were reported as $901,000, and incurring variable cost is $186,800. Determine the contribution margin ratio. (Round the percentage to two
From the past data, sales were reported as $901,000, and incurring variable cost is $186,800. Determine the contribution margin ratio. (Round the percentage to two decimal places)
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Contribution margin ratio is 59.45%.
Contribution margin ratio is 63.41%.
Contribution margin ratio is 71.34%.
Contribution margin ratio is 79.27 %.
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