Question: Question Content Area Bryce Co. sales are $800,000, variable costs are $469,500, and operating income is $254,000. What is the contribution margin ratio? a.41.3% b.63.9%

Question Content Area

Bryce Co. sales are $800,000, variable costs are $469,500, and operating income is $254,000. What is the contribution margin ratio?

a.41.3%

b.63.9%

c.58.7%

d.37.0%

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