19 qs 9

Soveo 9 Part 2 of 2 Required information The following information applies to the questions displayed below) A manufacturer reports the following. 5 points Sales Variable cost of goods sold Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses $ 590,000 183,000 163,000 33,000 40,000 eBook Compute the contribution margin ratio. Hint Contribution margin ratio % References