Kingston Company sells its product for $100 per unit. The company's accountant provided the following...
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Kingston Company sells its product for $100 per unit. The company's accountant provided the following cost information: Manufacturing costs Selling costs Administrative costs $25,800 +468 of sales $19,300 +238 of sales $22,500+ 98 of sales What is Kingston Company's contribution margin ratio? Multiple Choice 11% 39% 22% 23%
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