Question: w.com/in/takeAssignment takeAssignment Main.do?invoker=&takeAssignmentSessionLocator=&inprogress-false Calculator Lee Industry sales are $525,000, variable costs are 53% of sales, and operating income is $19,000. What is the contribution margin

w.com/in/takeAssignment takeAssignment Main.do?invoker=&takeAssignmentSessionLocator=&inprogress-false Calculator Lee Industry sales are $525,000, variable costs are 53% of sales, and operating income is $19,000. What is the contribution margin ratio? a. 26.5% b. 53% c. 47% .9.5%

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Lee Industry sales are $525,000, variable costs are 53% of sales, and operating income is $19,000. What is the contribution margin ratio? 47% 26.5% 9.5% 53%

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