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Sandhill sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is
Sandhill sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: (a) What is Sandhill's contribution margin ratio? Its variable cost ratio? (Round ratios to 2 percentage places, e.g. 0.38 = 38\%.) Contribution margin ratio % Variable cost ratio %
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