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What the franscioso company contribution margin ratio is

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Reference no: EM132939210

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 materia l$5.25

Direct manufacturing labor $1.15

Manufacturing overhead $0.25

Selling costs $1.85

Annual fixed costs $110,000

Problem 1: The Franscioso Company contribution margin ratio is

Reference no: EM132939210

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