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50. A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sold Sales revenus
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Answer #1
Sales $        22,03,200
Less:
Variable Manufacturing Cost $           9,85,200
Variable Selling And Admin $           2,62,500
Contrubution Margin $           9,55,500
Contribution Margin Ratio = $955500/2203200
=43%
Correct Option:LAST
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