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QUESTION #2 [3 MARKS] Francorp sells doughnuts in a downtown building. The average selling price of a doughnut is $1.75 and the average variable expense

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QUESTION #2 [3 MARKS] Francorp sells doughnuts in a downtown building. The average selling price of a doughnut is $1.75 and the average variable expense per doughnut is $0.50. The average fixed expense per month is $1450. As well, 2250 doughnuts are sold each month. Calculate the contribution margin ratio to three decimal places. Contribution Margin Ratio (Final Aoswer)

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