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What the franscioso company contribution margin ratio

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Reference no: EM133032327

Question - Franscioso Company sells several products. Information of average revenue and costs is as follows:

Selling price per unit $28.50

Variable costs per unit:

Direct material $5.25

Direct manufacturing labor $1.15

Manufacturing overhead $0.25

Selling costs $1.85

Annual fixed costs $110,000

Required - What the Franscioso Company contribution margin ratio?

Reference no: EM133032327

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