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If sales are $822,000, variable costs are 67% of sales, and operating income is $219,000, what is the contribution margin ratio? Ob. 67% Oc. 63

If sales are $822,000, variable costs are 67% of sales, and operating income is $219,000, what is the contribution margin ratio? Ob. 67% Oc. 63 O d. 37%

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