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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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