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Periphery,Inc.has two products-picture frames and candle holders.Financial data for both the products follow: Periphery has two sales representatives-Andrew Novak and Liu Wei.Each sales representative sold a total of 1400 units during the month of March.Andrew had a sales mix of 70% picture frames and 30% candle holders.Liu had a sales mix of 80% picture frames and 20% candle holders.What is the contribution margin ratio for picture frames and candle holders,respectively?
Common Sense
Widely held beliefs or propositions that are perceived as unquestionable truths by a particular group or society.
Male-Dominated World
A social system or environment where men hold the primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.
Critical Theory
A perspective that views the world as socially constructed through communication but sees underlying systems of power as shaping how this social construction process occurs.
Neo-Marxist Theory
An approach that updates Marxist theory to consider the socio-economic complexities of modern societies, focusing on power dynamics and class relations.
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