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What is dairy days contribution margin ratio

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Question - Dairy Days Ice Cream sells ice cream cones for $4.00 per customer. Variable costs are $ 1.00 per cone. Fixed costs are $2,200 per month. What is Dairy Days' contribution margin ratio?

A. 125%

B. 265%

C. 75%

D. 65%

Reference no: EM132158382

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