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Kelchner Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units) Variable expenses

Kelchner Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income The contribution margin ratio is closest to: Multiple Choice 67% 40% $ 180,000 108,000 72,000 62,400 $ 9,600
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The contrbution margin ratio is closest to Muapie crosese

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