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If the unit sales price is $25, variable costs are $14 per unit and fixed costs are $28,000, what is the contribution margin ratio?
If the unit sales price is $25, variable costs are $14 per unit and fixed costs are $28,000, what is the contribution margin ratio? Note: Round your answer to two decimal places. Multiple Choice 25.45% 44.00% 88.00% 227.27%
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
