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Southwest Industries produces a sports glove that sells for $55 per pair. Variable expenses are $31 per pair and fixed expenses are $37,000 annually. The
| Southwest Industries produces a sports glove that sells for $55 per pair. Variable expenses are $31 per pair and fixed expenses are $37,000 annually. |
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| The contribution margin ratio for Southwest Industries in pairs of gloves is: (Round your answer to whole percentage.) |
40%
44%
36%
56%
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