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Business, 25.11.2021 18:10 LaToyaShante1228

Klinken Corporation’s contribution margin ratio on the sale of its most popular product is 42%. The product is priced at $100, annual fixed expenses are $900,000. Management is evaluating two options: (1) lowering variable costs by 15% and (2) reducing fixed expenses by 15%.

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Klinken Corporation’s contribution margin ratio on the sale of its most popular product is 42%. The...
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