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If sales are $20,000, variable costs are $8,000, and fixed costs are $2,000, the contribution margin ratio is: (rounded to the nearest number) a. 10%
If sales are $20,000, variable costs are $8,000, and fixed costs are $2,000, the contribution margin ratio is: (rounded to the nearest number) a. 10% O b. 50% . 60% d. None of the given answers 40% e
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