Question: Calculate the contribution margin ratio using the following information: Particulars Amount Selling price per unit 150 Variable cost per unit 90 Total fixed costs 300,000

Calculate the contribution margin ratio using the following information: Particulars Amount Selling price per unit 150 Variable cost per unit 90 Total fixed costs 300,000 A. 0.400 B. 1.667 C. 0.600 D. 2.500

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