Using the contribution margin approach, find the contribution margin ratio for Consumer Products if the selling price per unit is $15, the variable cost per unit is $7 50, and the fixed costs are $8,000 Using the contribution margin approach, find the contribution margin ratio for Consumer Products if the selling price per unit is $15, the variable cost per unit is $7 50, and the fixed costs are $8,000

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Question: Using the contribution margin approach, find the contribution margin ratio for Consumer Products if the selling price per unit is $15, the variable cost per

Using the contribution margin approach, find the contribution margin ratio for Consumer Products if the selling price per unit is $15, the variable cost per unit is $7.50, and the fixed costs are $8,000.

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