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Figure 4-1

Question 142

Multiple Choice

Figure 4-1.Foster Company makes power tools. The budgeted sales are $420,000, budgeted variable costs are $147,000, and budgeted fixed costs are $227,500.
-Refer to Figure 4-1. What is the contribution margin ratio?


A) 35%
B) 65%
C) 54%
D) 89%
E) 50%

Correct Answer:

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