A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales...

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Accounting

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A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income 225,000 $929,000 $298,000 $283,000 $166,500 $ 83,000 $ 98,500 The company's contribution margin ratio is closest to

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