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Marigold Corp. produces flash drives for computers, which it sells for $ 2 0 each. Each flash drive costs $ 1 2 of variable costs

Marigold Corp. produces flash drives for computers, which it sells for $

20

each. Each flash drive costs $

12

of variable costs to make.

During April,

1000

drives were sold. Fixed costs for March were $

2

per unit for a total of $

1000

for the month. What is the

contribution margin ratio?

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