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If the unit sellingprice is $500, the unit variable costs are $300, and the total monthly costsare $300,000, what is the contribution margin ratio?
If the unit selling
price is $500, the unit variable costs are $300, and the total monthly costs
are $300,000,
40%
Less than 5%
20%
Cannot be determinedfrom the data provided.
Cannot be determined
from the data provided.
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