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Bryce Co. sales are $875,000, variable costs are $467,200, and operating income is $278,000. The contribution margin ratio is a.53.4% b.46.6% c.58.6% d.42.3%

Bryce Co. sales are $875,000, variable costs are $467,200, and operating income is $278,000. The contribution margin ratio is

a.53.4%

b.46.6%

c.58.6%

d.42.3%

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