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Bryce Co. sales are $896,000, variable costs are $467,800, and operating income is $255,000. What is the contribution margin ratio? a.47.8% b.43.5% c.57.4% d.52.2%
Bryce Co. sales are $896,000, variable costs are $467,800, and operating income is $255,000. What is the contribution margin ratio?
a.47.8%
b.43.5%
c.57.4%
d.52.2%
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