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Help Save & Exit Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is

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Help Save & Exit Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the average variable expense per cup is $0.36. The average fixed expense per month is $1,300. 2,100 cups are sold each month on average. What is the contribution margin ratio for Coffee Klatch? Multiple Choice 1.319 75B O 242

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