Question: Bryce Co . sales are $ 8 9 1 , 0 0 0 , variable costs are $ 4 6 0 , 9 0 0

Bryce Co. sales are $891,000, variable costs are $460,900, and operating income is $228,000. The contribution margin ratio is
a.44.0%
b.51.7%
c.48.3%
d.56.9%

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