Award: 0.50 points Scott Power produces batteries. The company has determined its contribution margin to...
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Accounting
Award: 0.50 points Scott Power produces batteries. The company has determined its contribution margin to be $5.50 per battery and its contribution margin ratio to be 0.55 . What is the effect on profits of the sale of one additional battery? Of one additional dollar of sales? (Round your answers to 2 decimal places.)
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