Question 4 1 pts Varian Inc. provides the following income statement data: Sales revenue $1.200.000 Variable costs $400.000 Contribution $800,000 margin Fwed costs $500.000 Operating income $300.000 What will the contribution margin ratio be at Varian Inc. if sales volume decreases by 20%? Assume the selling price is unchanged. Round your answer to two decimal places.) 16.67% 33.33% 66.67% 30.00% None of the above