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Bryce Co. sales are $900,000, variable costs are $464,300, and operating income is $292,000. What is the contribution margin ratio? a. 44.1% b. 48.4% c.
Bryce Co. sales are $900,000, variable costs are $464,300, and operating income is $292,000. What is the contribution margin ratio?
a. 44.1%
b. 48.4%
c. 51.6%
d. 56.8%
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Financial Accounting Impact On Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
1111464936, 978-1111464936
