A Moving to the next question prevents changes to this answer. Question 22 The following information is available Sales (1,000 units @ $9) $9,000 Cost of Goods Sold 6,000 Gross Profit 3,000 Selling expenses (fixed) 250 Income from operations $2,750 Cost of Goods Sold is 75% variable and 25% fixed. Selling expenses are 100% fixed Calculate the contribution margin ratio. 50% 65% 55% 60% MacBook A SC 0: FI DOD so 52 F3 000 F4 2 # 3 $ 4 % 5 6 Q W E R