Business, 21.10.2020 16:01 georgesarkes12

A cement manufacturer has supplied the following data: Tons of cement produced and sold 300,000
Sales revenue $1,004,000
Variable manufacturing expense $237,000
Fixed manufacturing expense $328,000
Variable selling and administrative expense $134,480
Fixed selling and administrative expense $98,000
Net operating income $206,520

The company's contribution margin ratio is closest to:

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A cement manufacturer has supplied the following data: Tons of cement produced and sold 300,000

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