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Business, 26.06.2019 22:10 jasminesilva07oql1a9

Kelchner corporation has provided the following contribution format income statement. assume that the following information is within the relevant range. sales (3,000 units) $ 180,000 variable expenses 108,000 contribution margin 72,000 fixed expenses 62,400 net operating income $ 9,600 the contribution margin ratio is closest to: a) 67% b) 40% c) 33% d) 60%

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