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Knox Corp has a selling price of $19, variable costs of $14.44 per unit, and fixed costs of $24,500. If Knox sells 9,000 units, the

Knox Corp has a selling price of $19, variable costs of $14.44 per unit, and fixed costs of $24,500. If Knox sells 9,000 units, the contribution margin ratio will equal: Multiple Choice 24.00% 11.54% 410.40% 12.46%

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