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Question 9 of 34 View Policies Current Attempt in Progress -/5 Sheridan Company reported the following information for the current year: Sales (58000 units) $1160000,

Question 9 of 34 View Policies Current Attempt in Progress -/5 Sheridan Company reported the following information for the current year: Sales (58000 units) $1160000, direct materials and direct labor $580000, other variable costs $58000, and fixed costs $360000. What is Sheridan's contribution margin ratio? O 34%. 66%. 55%. 45%.
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Sheridan Company reported the following information for the current year: Sales ( 58000 units) $1160000, direct materials and direct labor $580000, other variable costs $58000, and fixed costs $360000. What is Sheridan's contribution margin ratio? 34% 66% 55% 45%

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