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If sales are $797,000, variable costs are 65% of sales, and income from operations is $256,000, what is the contribution margin ratio? a. 61% b.

If sales are $797,000, variable costs are 65% of sales, and income from operations is $256,000, what is the contribution margin ratio? a. 61% b. 65% O c. 39% O d. 35%

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