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Psari's, a company that sells fishing nets, provides the following information about its product: Targeted operating income Sales price per unit Variable cost per unit

Psari's, a company that sells fishing nets, provides the following information about its product: Targeted operating income Sales price per unit Variable cost per unit Total fixed costs $50,000 6 2.5 115,000 What is the contribution margin ratio? (Round any intermediate calculations and your final answer to two decimal places.) A. 100% B. 208.33% C. 58.33% D. 41.67%

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