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Sunland Company reported the following information for the current year: Sales ( 64000 units) $ 1280000, direct materials and direct labor $ 640000, other variable

Sunland Company reported the following information for the current year: Sales ( 64000 units) $ 1280000, direct materials and direct labor $ 640000, other variable costs $ 64000, and fixed costs $ 360000. What is Sunlands contribution margin ratio?

36%.

64%.

45%.

55%.

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