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Question 6 of 8 - /1 Oriole Tot sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The

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Question 6 of 8 - /1 Oriole Tot sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income Total $739,800 332.910 406,890 247,500 $ 159,390 Per Unit $54 24.30 $29.70 (a) What is Oriole Tot's contribution margin ratio? Its variable cost ratio? (Round ratios to 2 percentage places, e.g. 0.38 - 38%) Contribution margin ratio % Variable cost ratio % eTextbook and Media Save for Later Attempts: 0 of 3 used Subrnit

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