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Remaining Time: 14 minutes, 32 seconds. Question Completion Status: 1 21 3 4 5 6 7 8 9 10 Question 4 Kelchner Corporation has provided

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Remaining Time: 14 minutes, 32 seconds. Question Completion Status: 1 21 3 4 5 6 7 8 9 10 Question 4 Kelchner Corporation has provided the following contribution format Income statement. Assume that the following information is within the relevant range. $ 180.000 Sales (3.000 units) Variable expenses Contribution margin Fixed expenses Net Operating income 100,000 72.000 62.400 9.600 The contribution margin ratio is closest to 67% 60% LG

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