Question: M5-16 Calculating Unit Contribution Margin and Contribution Margin Ratio [L 5-5] Red Hawk Enterprises $15.00 sells handmade clocks. Its variable cost per clock is $6.00,

Red Hawk Enterprises $15.00 sells handmade clocks. Its variable cost per clock

M5-16 Calculating Unit Contribution Margin and Contribution Margin Ratio [L 5-5] Red Hawk Enterprises $15.00 sells handmade clocks. Its variable cost per clock is $6.00, and each clock sells for Calculate Red Hawk's unit contribution margin. Unit Contribution Margin Calculate Red Hawk's decimal places (Le. .123 should be entered as 12.3%.)) contribution margin ratio. (Round your contribution margin percentage ratio to one | Contribution Margin Ratio #

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