Dice Roll Company sells its only product for $45 per unit. Dice Rolls variable production...
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Accounting
Dice Roll Company sells its only product for $45 per unit. Dice Rolls variable production costs are $12 per unit. The fixed costs to produce 10,000 units were $40,000. What is the contribution margin ratio?
a.
26.7 %
b.
73.3 %
c.
33.3 %
d.
60.0 %
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