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Marie's Magic Shoppe provides the following information about its single product. Targeted operating income $38,000 Selling price per unit $25.00 Variable product cost per unit
Marie's Magic Shoppe provides the following information about its single product. Targeted operating income $38,000 Selling price per unit $25.00 Variable product cost per unit $6.00 Variable operating expenses per unit $6.00 Total fixed cost $85,000 What is the contribution margin ratio? O 13% 48% O 76% 52%
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