Answered: A product has a sales price of $746 and…

A product has a sales price of $746 and a per-unit contribution margin of $131. What is the contribution margin ratio? Round to the nearest percentage, no decimals.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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