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Waterway Industries produces flash drives for computers, which it sells for $25 each. Each flash drive requires $15 of variable costs to make. During April,

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Waterway Industries produces flash drives for computers, which it sells for $25 each. Each flash drive requires $15 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio? 40% 32% 68% O 75%

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