What is the contribution margin ratio

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Reference no: EM13191983

Manufacturing Company makes a product that it sells for $ 50 per unit.

The company incurs variable manufacturing costs of $ 14 per unit. Variable selling expenses are $ 6 per unit, annual fixed manufacturing costs are $ 189,000, and fixed selling and administrative costs are $ 141,000 per year.

What is the contribution margin ratio?

 

Reference no: EM13191983

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What is the contribution margin ratio : What is the contribution margin ratio?
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