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If the contribution margin ratio for France Company is 38%, sales are $439,000, and fixed costs are $102,000, the operating income is a.$102,000 b.$166,820 c.$64,820

If the contribution margin ratio for France Company is 38%, sales are $439,000, and fixed costs are $102,000, the operating income is

a.$102,000

b.$166,820

c.$64,820

d.$51,856

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