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If sales are $813,000, variable costs are 80% of sales, and operating income is $212,000, what is the contribution margin ratio? Oa. 76% Ob. 24%

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If sales are $813,000, variable costs are 80% of sales, and operating income is $212,000, what is the contribution margin ratio? Oa. 76% Ob. 24% Oc. 80% Od. 20%

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