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Leo, a sole proprietor, has the following projected figures for next year: Selling price per unit $150.00 Variable cost per unit $105.00 Total fixed costs

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Leo, a sole proprietor, has the following projected figures for next year: Selling price per unit $150.00 Variable cost per unit $105.00 Total fixed costs $630,000 What is the contribution margin ratio? Multiple Choice 0.429 30 3.333 1.429

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