The problem belongs to basic accounting and it discusses, Accounting Basics

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The problem belongs to basic accounting and it discusses

Problem-

Darth Company sells three products. Sales and contribution margin ratios for the three products follow:

	Product X	Product Y	Product Z
Sales in dollars	$24,000	$44,000	$104,000
Contribution margin ratio	38%	33%	8%

Given these data, the contribution margin ratio for the company as a whole would be:

a. 19%

b. 36%

c. 26%

d. It is impossible to determine from the data given.

Additional requirement-

The problem belongs to Basic Accounting and it discusses about evaluation of contribution margin ratio.

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Accounting Basics: The problem belongs to basic accounting and it discusses

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