cheyennegolden4603 cheyennegolden4603

28-02-2024
Business

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Knox Corporation has a sales price of $12.00, variable costs of $9.96 per unit, and fixed costs of $27,500. If Knox sells 10,000 units, the contribution margin ratio will equal:
A) 5.0%
B) 10.0%
C) 20.0%
D) 25.0%

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