Question: If sales are $ 8 2 8 , 0 0 0 , variable costs are 7 5 % of sales, and operating income is $

If sales are $828,000, variable costs are 75% of sales, and

If sales are $828,000, variable costs are 75% of sales, and operating income is $266,000, the contribution margin ratio is
a.25%
b.75%
c.29%
d.71%
operating income is $266,000, the contribution margin ratio is a.25% b.75% c.29%

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