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2. Please Help! THANK YOU! :) If sales are $795,000, variable costs are 80% of sales, and operating income is $249,000, what is the contribution

2. Please Help! THANK YOU! :) image text in transcribed
If sales are $795,000, variable costs are 80% of sales, and operating income is $249,000, what is the contribution margin ratio? a. 20% b. 76% c. 24% d. 80%

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