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Question 2 (2 points) Sales - Variable Costs Contribution Margin - Fixed Costs Operating Income Location #1 73,000 38.000 35,000 15,000 20,000 Location #2 55,000
Question 2 (2 points) Sales - Variable Costs Contribution Margin - Fixed Costs Operating Income Location #1 73,000 38.000 35,000 15,000 20,000 Location #2 55,000 25.000 30,000 8,000 22,000 Location #3 62,000 40,000 22,000 7,000 15,000 What is the contribution margin ratio of location 3? (Rounded to 2 decimal places). O 0.65 0.68 0.24 0.35
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