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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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