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  • 22-02-2024
  • Business
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Nthony office supplies sells refills on printer ink cartridges for $16 per refill. Variable costs are $4 per refill. Fixed costs are $2,000 per month. What is the contribution margin ratio for the printer ink cartridge refills?

a) 20%
b) 50%
c) 75%
d) 80%

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