A manufacturer has supplied the following data: The company's contribution margin ratio is closest Multiple Choice 69.5% 50.0% 10.6%

A manufacturer has supplied the following data: units produced and sold 225,ee $ 929,ee Sales revenue $ 298,ee Variable manufacturing expense $ 283, ee Fixed manufacturing expense $ 166,500 Variable selling and administrative expense $ 83,ee Fixed selling and administrative expense Net operating income $ 98, see The company's contribution margin ratio is closest to: Multiple Choice O O O 69.5% 50.0% 106%