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    Managerial Accounting Study Set 1
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    Exam 7: Cost-Volume-Profit Analysis
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    At a Volume Level of 500,000 Units, Sullivan Reported the Following
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At a Volume Level of 500,000 Units, Sullivan Reported the Following

Question 14

Question 14

Multiple Choice

At a volume level of 500,000 units, Sullivan reported the following information:
At a volume level of 500,000 units, Sullivan reported the following information:   The company's contribution-margin ratio is closest to: A)  0.33. B)  0.40. C)  0.60. D)  0.67. E)  None of the answers is correct.
The company's contribution-margin ratio is closest to:


A) 0.33.
B) 0.40.
C) 0.60.
D) 0.67.
E) None of the answers is correct.

Correct Answer:

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