Question: Sales: 20,000 units Variable costs per unit: $12 Fixed Costs: $10,500 Selling price: $15 Using the information above, the contribution margin ratio is Select one:

Sales: 20,000 units Variable costs per unit: $12 Fixed Costs: $10,500 Selling price: $15 Using the information above, the contribution margin ratio is Select one: A. 20% B. 15% C. 25% D. 10%

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