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Business, 09.07.2019 01:40 makennahudson94

Acement manufacturer has supplied the following data: tons of cement produced and sold 320,000 sales revenue $ 1,024,000 variable manufacturing expense $ 241,000 fixed manufacturing expense $ 340,000 variable selling and administrative expense $ 199,320 fixed selling and administrative expense $ 101,000 net operating income $ 142,680 the company's contribution margin ratio is closest to: multiple choice 43.3% 62.0% 66.8% 13.9%

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