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. If sales are $425,000, variable costs are 65% of sales, and operating income is $50,000, what is the contribution margin ratio? a. 37% b.

. If sales are $425,000, variable costs are 65% of sales, and operating income is $50,000, what is the contribution margin ratio? a. 37% b. 26.8% c. 35% d. 63%

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