Compute the contribution margin ratio is

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Reference no: EM132500418

Spring Company has provided the following data:

Sales per period               6,000 units

Selling price                    $80 per unit

Variable manufacturing cost  $15 per unit

Selling expenses                    $5,000 plus 5% of selling price

Administrative expenses            $4,000 plus 10% of selling price

Question 1: Find The contribution margin ratio is:

Reference no: EM132500418

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