A tile manufacturer has supplied the following data:

Box of tiles produced and sold 520,000

Sales revenue $2,132,000

Variable manufacturing expense $650,000

Fixed manufacturing expense $464,000

Variable selling and administrative expense $260,000

Fixed selling and administrative expense $312,000

Net operating income $446,000

The companys contribution margin is closest to:

A tile manufacturer has supplied the following data: 520,000 $2,132,66 $ 65e,e00 $ 464,00e $ 260,0ee $ 312,00e 446,00e Boxes of tiles produced and sold Sales revenue 02:0040Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income The company's contribution margin ratio is closest to: Multiple Choice 427%