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provides the following data from a recent period for its manufacture of shoes: variable manufacturing costs, $26,000; variable selling costs, $10,000; and total fixed costs,

provides the following data from a recent period for its manufacture of shoes: variable manufacturing costs, $26,000; variable selling costs, $10,000; and total fixed costs, $47,000. Sales were $60,000 based on 10,000 units sold during the period. Calculate the contribution margin and the contribution margin ratio.

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