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Calculating Contribution Margin and Contribution Margin RatioRefer to the Tan-O-Rama regre...

Calculating Contribution Margin and Contribution Margin Ratio

Refer to the Tan-O-Rama regression output given in M5-5. Suppose that the company charges $6 per tanning session. Calculate the contribution margin per unit and contribution margin ratio as well as the total contribution margin if the shop books 1,200 tanning sessions this month.

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