If sales are $808,000, variable costs are 63% of sales, and operating income is $248,000, the contribution

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If sales are $808,000, variable costs are 63% of sales, and operating income is $248,000, the contribution margin ratio is

a. 37%

b. 41%

c. 63%

d. 59%

Posted Date: May 18, 2024 01:03 PM

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If sales are $808,000, variable costs are 63% of sales, and operating income is $248,000, the contribution

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