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A company sells three products. Sales and contribution margin ratios for the three products follow:...

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Question

Accounting

A company sells three products. Sales and contribution margin ratios for the three products follow:

image Given these data, the contribution margin ratio for the company as a whole would be:

33.3%

75%

it is impossible to determine from the data given.

25%
Selling price ....... Variable expenses. Contribution margin........... Per Unit $200 60 $140 Percent of Sales 100% 30% 70%

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