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April 24, 2014

Homework Help: accounting

Posted by Monica on Sunday, May 16, 2010 at 11:46am.

Fixed Company produces a single product selling for $30 per unit. Variable costs are $12 per unit and total fixed costs are $4,000. What is the contribution margin ratio? (Points :1)
1.67
2.50
0.40
0.60

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