What is the contribution margin ratio, Managerial Accounting

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What is the contribution margin ratio

Problem

Swifty Company produces flash drives for computers, which it sells for $44 each. Each flash drive incurs $4.40 of variable costs during production. In April, 1900 drives were sold. Fixed costs for April was $2.2 per unit for a total of Quest $4180 for the month. What is the contribution margin ratio?

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Managerial Accounting: What is the contribution margin ratio

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