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if sales are $823,000, variable costs are 62% of sales, and income from operations is $250,000, what is the contribution margin ratio? a. 58% b.

image text in transcribed if sales are $823,000, variable costs are 62% of sales, and income from operations is $250,000, what is the contribution margin ratio? a. 58% b. 62% c. 42% d. 38%

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