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de O p el Med G. G OT + Red Role e Rete /36025/assments/3780999 QueSLIUIT View Policies Current Attempt in Progress Sunland M
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Answer #1

(a)(1)-Contribution Margin Ratio

Contribution Margin Ratio = 100% - Variable cost ratio

= 100% - 40%

= 60%

“Hence, the Contribution Margin Ratio will be 60%”

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