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Paint and Sip sells admission tickets for a painting class for $40 each. The cost of providing the canvas and supplies is $35 per ticket

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Paint and Sip sells admission tickets for a painting class for $40 each. The cost of providing the canvas and supplies is $35 per ticket and the fixed cost of operating the art gallery is $55.000 per month. The company can accommodate 5,400 patrons each month. What is the contribution margin ratio? 88% B. 800% . 596 D. 13% OA

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