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If sales are $817,000, variable costs are 77% of sales, and operating income is $200,000, what is the contribution margin ratio? Oa. 73% Ob.

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If sales are $817,000, variable costs are 77% of sales, and operating income is $200,000, what is the contribution margin ratio? Oa. 73% Ob. 27% c. 23% Od. 77%

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