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Quality Stores, Inc., sells several products. Information of average revenue and costs is as follows: $20 Selling price per unit Variable costs per unit: Direct
Quality Stores, Inc., sells several products. Information of average revenue and costs is as follows: $20 Selling price per unit Variable costs per unit: Direct material $4 Direct manufacturing labor $1.80 Manufacturing overhead $0.4 Selling costs $3 Annual fixed costs $96,000 What is the contribution margin percentage? (Round your answer to the nearest whole percent.) 54% 0.47% 43% 69%
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