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Peeler's Smoothie Company has provided the following information: Sales price per unit $6.50 Variable cost per unit $3.50 Fixed costs per month $1,500 Calculate

 

Peeler's Smoothie Company has provided the following information: Sales price per unit $6.50 Variable cost per unit $3.50 Fixed costs per month $1,500 Calculate the contribution margin ratio. (Round your answer to two decimal places.)

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