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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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