Question: Question Content Area Bryce Co. sales are $862,000, variable costs are $463,500, and operating income is $298,000. What is the contribution margin ratio? a.59.0% b.46.2%
Question Content Area Bryce Co. sales are $862,000, variable costs are $463,500, and operating income is $298,000. What is the contribution margin ratio? a.59.0% b.46.2% c.53.8% d.41.9%
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