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Determine the contribution margin percentage

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Reference no: EM133124286

Question - Hanna Company has the following data

Month

Operating profit

Sales

January

180,000

1,000,000

February

220,000

1,200,000

Using High Low Method, determine the contribution margin percentage?

a. 10%

b. 20%

c. 30%

d. 40%

Reference no: EM133124286

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