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Find the contribution margin ratio

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Reference no: EM132819257

Question - Janet Company produces a game that sells for $17 per game. Variable expenses are $9 per game and fixed expenses total $172,000 annually.

Required - Find the contribution margin ratio?

a. 52.9%.

b. 2.1%.

c. 1.9%.

d. 47.1%.

Reference no: EM132819257

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