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If sales are $26,000, variable costs are $8,000, and fixed costs are $3,500, the contribution margin ratio is: (rounded to the nearest number) a. 31%

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If sales are $26,000, variable costs are $8,000, and fixed costs are $3,500, the contribution margin ratio is: (rounded to the nearest number) a. 31% O b. None of the given answers . 13% O d. 69% e. 56%

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