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What is the contribution margin ratio per unit

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Reference no: EM132602803

Question 1: If the unit sales price is $12, variable costs are $6 per unit and fixed costs are $26,000 what is the contribution margin ratio per unit?

Multiple Choice

Option 1: 40%

Option 2: 50%

Option 3: 60%

Option 4: 70%

Reference no: EM132602803

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