Question: Bramble Corp. reported the following information for the current year: Sales (55000 units) $1100000, direct materials and direct labor $550000, other variable costs $55000, and
Bramble Corp. reported the following information for the current year: Sales (55000 units) $1100000, direct materials and direct labor $550000, other variable costs $55000, and fixed costs $360000. What is Brambles contribution margin ratio?
a. 45%.
b. 66%.
c. 34%.
d. 55%.
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