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would like a step-by-step method on how to solve this question, thanks! Fab Flooring sells floor cleaning kits for $36.49 each, has variable costs of

would like a step-by-step method on how to solve this question, thanks! image text in transcribed

Fab Flooring sells floor cleaning kits for $36.49 each, has variable costs of $16.00 per kit and fixed costs of $24,000. Calculate the Contribution Margin (CM) as a percentage

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