Question: Rainbow Ice sells snow cones for $4 per customer. Variable costs are $2 per snow cone. Fixed costs are $2,700 per month. What is
Rainbow Ice sells snow cones for $4 per customer. Variable costs are $2 per snow cone. Fixed costs are $2,700 per month. What is the company's contribution margin ratio? A. 270% B. 75% OC. 50% OD. 65%
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