The following is Addison Corporation's contribution format income statement for last month: 
The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month.
-What is the company's contribution margin ratio?
A) 250%
B) 150%
C) 70%
D) 30%
Correct Answer:
Verified
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Q91: The following is last month's contribution format
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