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MC Qu. 160 Flannigan Company manufactures and sells... Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are
MC Qu. 160 Flannigan Company manufactures and sells... Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed costs are $800,000. Current sales volume is $4,200,000. Compute the contribution margin ratio. Multiple Choice 40.0% 66.7%. 20.7% 50.0% 19.3%
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