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Last month when Holiday Creations Inc. sold $50,000 units, total sales were $200,000. total variable costs were $80,000 and total fixed costs were $65,000. So,
Last month when Holiday Creations Inc. sold $50,000 units, total sales were $200,000. total variable costs were $80,000 and total fixed costs were $65,000. So, the company's CM ratio will be
A.
40%
B.
60%
C.
33%
D.
32.50%
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