Question: I am searching for the correct answer to this general accounting problem with proper accounting rules. XYZ Industries has sales of $4,200,000 with direct materials

I am searching for the correct answer to this general accounting problem with proper accounting rules.

XYZ Industries has sales of $4,200,000 with direct materials cost of $630,000, direct labor of $840,000, variable overhead of $210,000, and fixed costs of $560,000. What is XYZ's contribution margin rate

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