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What is the company contribution margin ratio

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Reference no: EM133552212

Question: Last month when Holiday Creations, Incorporated, sold 44,000 units, its sales, variable expenses, and fixed expenses were $176,000, $124,960, and $36,800, respectively.

Required:

  • What is the company's contribution margin (CM) ratio?
  • What is the company's variable expense ratio?

 

Reference no: EM133552212

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