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2. Bryce Co. sales are $816,000, variable costs are $465,300, and operating income is $282,000. What is the contribution margin ratio? a.57.0% b.43.0% c.62.2% d.38.7%
2. Bryce Co. sales are $816,000, variable costs are $465,300, and operating income is $282,000. What is the contribution margin ratio?
a.57.0%
b.43.0%
c.62.2%
d.38.7%
e. 15%
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