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Computer Corp sells 2000 flash drives at a price of $20 each with variable expenses of $5 per drive. What is the contribution
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Answer #1

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Correct option is : b. 75%
Workings:
(i) Unit selling Price = $                           20
Less: Unit variable cost = $                             5
(ii) Unit contribution margin = $                           15
(ii) / (i) Contribution margin ratio = 75%
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