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Jack's Toys sells kites for $20 each. Variable costs are $8 per refill. Fixed costs are $2, 400 per month. What is the contribution margin

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Jack's Toys sells kites for $20 each. Variable costs are $8 per refill. Fixed costs are $2, 400 per month. What is the contribution margin per kite? Select one: $ 0.60 $1.67 $12.00 $8.00

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