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If sales art $795,000, variable costs are 76% of sales, and operating income is $268,000, what is the contribution margin ratio? a. 72% b. 76%

If sales art $795,000, variable costs are 76% of sales, and operating income is $268,000, what is the contribution margin ratio? a. 72% b. 76% c. 24% d. 28% Previous Next > All work saved Email Instructor Submit Test for Grading

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