Revenues and total costs, The following are last year's

Revenues and total costs

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Reference no: EM13916408

The following are last year's revenues and total costs for X Company:

Revenue	$2,199,120
Direct materials	289,740
Direct labor [all variable]	328,020
Variable overhead	283,140
Fixed overhead	196,020
Variable selling and administrative	332,640
Fixed selling and administrative	188,760

What was X Company's contribution margin rate?

Reference no: EM13916408

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