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Nicole's Candles provides the following information from its accounting records: Total Sales Revenue $68,000 Selling price per unit $25 Total variable cost per unit $10,200

Nicole's Candles provides the following information from its accounting records:

Total Sales Revenue	$68,000
Selling price per unit	$25
Total variable cost per unit	$10,200
Total fixed cost	$15,120

What is the contribution margin ratio for Nicole's candles?

.15

.85

.62

.23

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