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Required information The following information applies to the questions displayed below.) Accents Associates sells only one product, with a current selling price of $90 per

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Required information The following information applies to the questions displayed below.) Accents Associates sells only one product, with a current selling price of $90 per unit Variable costs are 40% of this selling price, and fixed costs are $30,000 per month. Management has decided to reduce the selling price to $85 per unit increase sales. Assume that the cost of the product and fixed operating expenses are not changed by this reduction in selling price. At the current selling price of $90 per unit, the contribution margin ratio is: Multiple Choice

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