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Given the following information, what is the contribution margin ratio? Sales $900,000 Variable 400,000 expenses Fixed Expenses 300,000 Net Income 200,000 O 22% O 33%
Given the following information, what is the contribution margin ratio? Sales $900,000 Variable 400,000 expenses Fixed Expenses 300,000 Net Income 200,000 O 22% O 33% 0 44% O 56% Save for Later Attempts: 0 of 1 used Submit Answer What is the key factor in determining sales mix if a company has limited resources? O Contribution margin per unit of limited resource The amount of fixed costs per unit The cost of limited resources Total contribution margin Attempts: 0 of 1 used Submit Answer Save for Later Last saved 18 seconds ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes
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