Question
Bryce Co. sales are $831,000, variable costs are $461,600, and operating income is $233,000. What is the contribution margin ratio? a.44.5% b.40.2% c.55.5% d.60.7%
Bryce Co. sales are $831,000, variable costs are $461,600, and operating income is $233,000. What is the contribution margin ratio?
a.44.5%
b.40.2%
c.55.5%
d.60.7%
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
