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Business, 05.05.2020 22:26 JellalFernandes

A cement manufacturer has supplied the following data: Tons of cement produced and sold 320,000 Sales revenue $ 1,024,000 Variable manufacturing expense $ 241,000 Fixed manufacturing expense $ 340,000 Variable selling and administrative expense $ 199,320 Fixed selling and administrative expense $ 101,000 Net operating income $ 142,680 The company's contribution margin ratio is closest to: Multiple Choice 43.3% 62.0% 66.8% 13.9%

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A cement manufacturer has supplied the following data: Tons of cement produced and sold 320,000 Sale...
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