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Pusan produces flash drives for computers, which it sells for $20 each. Each flash drive...

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Question

Accounting

Pusan produces flash drives for computers, which it sells for $20 each. Each flash drive costs $10 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $1,000 for the month. How much is the contribution margin ratio?
a.
75%
b.
20%
c.
35%
d.
50%

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