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Pupzy Company units have a sales price of $ 1 , 8 7 5 . 0 0 and a variable cost of $ 5 6

Pupzy Company units have a sales price of $1,875.00 and a variable cost of $562.50. Fixed costs are $550,000 and Pupzy's tax rate is 40%.
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\table[[Question,Answer],[a. What is Pupzy's contribution margin ratio? Note: Round your answer to 2 decimals.,,70.00,%
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