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PLease provide a breakdown and formula. Rainbow Ice sells snow cones for $6 per customer. Variable costs are $2. Fixed costs are $2500 per month.

PLease provide a breakdown and formula.

Rainbow Ice sells snow cones for $6 per customer. Variable costs are $2. Fixed costs are $2500 per month. What is the company's contribution margin ratio?

A. 268%

B. 100%

C. 67% - correct answer

D. 64%

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