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Calculate contribution margin ratio for carrabelle company

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Reference no: EM132769807

Carrabelle Company has provided the following? information:

Sales price per unit $44

Variable cost per unit 12

Fixed costs per month $20,000

Problem 1: Calculate the contribution margin ratio.? (Round your answer to two decimal? places.)

A. 27.27?%

B. 72.73?%

C. 57.14?%

D. 78.57?%

Reference no: EM132769807

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