AA ezto.mheducation.com thequ wel ims.mhedue.. LMS-UI LAW HTTP Status... Q Schedule O Sign In M Hill - Login x Question 7 -... Quiz 1 Saved Help Save & A cement manufacturer has supplied the following data: Tons of cement produced and sold 225, 000 Sales revenue $929, 000 Variable manufacturing expense $298, 000 Fixed manufacturing expense $283, 000 Variable selling and administrative expense $166, 500 Fixed selling and administrative expense $ 83, 000 Net operating income $ 98, 500 The company's contribution margin ratio is closest to: Multiple Choice 37.5% O 50.0% O 69.5% 10.6%