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Sales (9,000 units) Variable expenses $540,000 405,000 Contribution margin 135,000 Fixed expenses 130,500 Net operating income $ 4,500 The contribution margin ratio is closest

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Sales (9,000 units) Variable expenses $540,000 405,000 Contribution margin 135,000 Fixed expenses 130,500 Net operating income $ 4,500 The contribution margin ratio is closest to: Question 3 Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. 1.5 points 0000 75% 259 67% 33% Saved

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