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The following information is available for Medco Manufacturing, Inc Sales price per unit $ 18 Variable cost per unit $ 5 Units sold 5,000 What
The following information is available for Medco Manufacturing, Inc
Sales price per unit | $ 18 |
Variable cost per unit | $ 5 |
Units sold | 5,000 |
What is the contribution margin ratio?
Select one:
A.
72%
B.
75%
C.
65%
D.
70%
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