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Business, 21.04.2020 15:26 charlottiechecketts0
Ralph Lauren sells suits and ties. Suits sell for $1000 each, and cost $300 in variable expenses to make each. Ties sell for $100, and cost $75 in variable expenses to make. Ralph’s fixed expenses are $60,000. If 90 percent of his revenues are from suits, what is Ralph’s weighted average contribution margin ratio?
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Ralph Lauren sells suits and ties. Suits sell for $1000 each, and cost $300 in variable expenses to...
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