If sales are $525,000, variable costs are 53% of sales, and operating income is $50,000, what...

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If sales are $525,000, variable costs are 53% of sales, and operating income is $50,000, what is the contribution margin ratio? 26.5% 53% 47% 9.5% If sales are $525,000, variable costs are 53% of sales, and operating income is $50,000, what is the contribution margin ratio? 26.5% 53% 47% 9.5%