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Crane Company produces flash drives for computers, which it sells for $22 each. Each flash...

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Accounting

Crane Company produces flash drives for computers, which it sells for $22 each. Each flash drive costs $4.40 of variable costs to make. During April, 1800 drives were sold. Fixed costs for April were $1.10 per unit for a total of $1980 for the month. How much is the contribution margin ratio?

a:20%

b:25%

c:75%

d:80%

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