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WP Ch3 CVP: Abbi boudreaux X WP NWP Assessment Player UI Ap X Course Hero X + a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=f6b3bb4c-elf9-4948-8a2d-b34ae4a43a49#/question/0 Ch3 CVP Question 1 of 4

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WP Ch3 CVP: Abbi boudreaux X WP NWP Assessment Player UI Ap X Course Hero X + a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=f6b3bb4c-elf9-4948-8a2d-b34ae4a43a49#/question/0 Ch3 CVP Question 1 of 4 2.5 / 15 ... View Policies Show Attempt History Current Attempt in Progress Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $40 throughout the country to loyal alumni of over 1,600 schools. Cullumber's variable costs are 40% of sales; fixed costs are $120,000 per month. (a1) V Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 = 38%.) 60 % Contribution margin ratio e Textbook and Media Attempts: 2 of 3 used (a2)WP Ch3 CVP: Abbi boudreaux X WP NWP Assessment Player UI Ap X Course Hero X + C a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=f6b3bb4c-elf9-4948-8a2d-b34ae4a43a49#/question/0 Ch3 CVP Question 1 of 4

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