Question: Bryce C o . sales are $ 8 6 2 , 0 0 0 , variable costs are $ 4 6 1 , 2 0

Bryce Co. sales are $862,000, variable costs are $461,200, and
operating income is $223,000. The contribution margin ratio is
a.42.2%
b.46.5%
c.53.5%
d.58.7%
Bryce C o . sales are $ 8 6 2 , 0 0 0 , variable

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