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The Outdoorsmen brings in $180,000 in sales, 25% of which comes from the fishing division, and 75% of which comes from the camping division.
The Outdoorsmen brings in $180,000 in sales, 25% of which comes from the fishing division, and 75% of which comes from the camping division. The contribution margin ratio for the fishing division is 60%, and contribution margin ratio for the camping division is 20%. What is the weighted-average contribution margin ratio? 30%. 15%. 50%. 80%.
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