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Fulton Industries produces medical-grade computers for healthcare providers. Each computer sells for $2,700 each, and costs $1,286 in variable costs to make. Last month, fixed
Fulton Industries produces medical-grade computers for healthcare providers. Each computer sells for $2,700 each, and costs $1,286 in variable costs to make. Last month, fixed costs of $490 per unit were incurred, and 340 computers were sold. What is the contribution margin ratio? 52.37% 61.90% 47.63% 34.22%
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