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Required information [The following information applies to the questions displayed below.] Income Statement Sales (1,000 units) Variable expenses Contribution margin Fixed expenses 45,e00 31,500 13,50e
Required information [The following information applies to the questions displayed below.] Income Statement Sales (1,000 units) Variable expenses Contribution margin Fixed expenses 45,e00 31,500 13,50e 8,640 4,860 Net operating income 2. What is the contribution margin ratio? Contribution margin ratio
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