For its top managers, Universal Travel formats its income statement as follows:

View the income statement.

UniversalTravel's relevant range is between sales of $$251,000$ and $$364,000.$

Read the requirements.

Requirement $1.$ Calculate the contribution margin ratio.

Select the labels and enter the amounts to calculate the contribution margin ratio. $($Enter the contribution margin ratio as a whole percentage, X$\%.)$

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