Question: I need help with this problem and accounting question Sales amount to $1,200,000, variable costs are 72%o of sales, and fixed cost is $150,000. What

I need help with this problem and accounting question

Sales amount to $1,200,000, variable costs are 72%o of sales, and fixed cost is $150,000. What is the contribution margin ratio? a. 28% b. 30% c. 25% d. 32%

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