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Sales are $600,000 and variable costs are $360,000. What is the contribution margin ratio? O 52% O 34% O 66% O Cannot be determined because

Sales are $600,000 and variable costs are $360,000. What is the contribution margin ratio? O 52% O 34% O 66% O Cannot be determined because amounts are not expressed per unit. 40%
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Sales are $600,000 and variable costs are $360,000. What is the contribution margin ratio? 52% 34% 66% Cannot be determined because amounts are not expressed per unit. 40%

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