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Last month when Holiday Creations, Incorporated, sold 4 0 , 0 0 0 units, its sales, variable expenses, and fixed expenses were $ 1 6

Last month when Holiday Creations, Incorporated, sold 40,000 units, its sales, variable expenses, and fixed expenses were $160,000, $124,800, and $36,900, respectively.Note: Do not round intermediate calculations.1. Contribution margin ratio %2. Variable expense ratio %

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