Question: Tella, Inc. has provided their contribution format income statement Assume that the following information is within the relevant range . Sales (7000 units) $770,000 Variable

Tella, Inc. has provided their contribution format income statement Assume that the following information is within the relevant range . Sales (7000 units) $770,000 Variable expenses 462,000 Contribution margin 308,000 Fixed expenses 178,000 Net operating income $ 130,000 The contribution margin ratio is closest

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