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Peeler's Smoothie Company has provided the following information: Sales price per unit $8.00 Variable cost per unit $3.00 Fixed costs per month $2,000 Calculate the

Peeler's Smoothie Company has provided the following information:

Sales price per unit

$8.00

Variable cost per unit

$3.00

Fixed costs per month

$2,000

Calculate the contribution margin ratio. (Round your answer to two decimal places.)

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