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Wang Company manufactures and sells a single product that sells for $450 per unit; variable...

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Accounting

Wang Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270 per unit. Annual fixed costs are $801,000. Current sales volume is $4,200,000. Compute the contribution margin ratio. Question 13Select one: a. 40.0%. b. 66.7%. c. 20.7%. d. 50.0%. e. 19.3%

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