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Ivanhoe Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,260 units Sales price $45 per unit Variable costs

Ivanhoe Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,260 units Sales price $45 per unit Variable costs $27 per unit Fixed costs $20,340 (a) What is the contribution margin ratio? Contribution margin ratio 40 10 %

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