The contribution margin ration

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Reference no: EM13867390

Kaprelian Company sells desks at $480 per desk. The variable costs are $300 per desk. Total fixed costs for the period are $400,000. The contribution margin ration is ___.

a.22.5%

b.37.5%

c.62.5%

d.40.6%

Reference no: EM13867390

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