A cement manufacturer has supplied the following data: 
The company's contribution margin ratio is closest to:
Definitions:
FIFO
A cost flow assumption for inventory and financial accounting where the first goods purchased or produced are the first to be sold.
FIFO Inventory
An inventory costing method that assumes the items purchased or produced first are sold first, thereby remaining inventory consists of items added most recently.
Cash Transactions
Financial transactions involving the immediate payment of cash for the purchase of goods or services.
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