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Bryce Co. sales are $896,000, variable costs are $467,300, and operating income is $212,000. What is the contribution margin ratio? a.57.4% b.52.2% c.43.5% d.47.8%
Bryce Co. sales are $896,000, variable costs are $467,300, and operating income is $212,000. What is the contribution margin ratio?
a.57.4%
b.52.2%
c.43.5%
d.47.8%
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Accounting For Non-Accountants
Authors: David Horner
12th Edition
1789664306, 9781789664300
