If Sales Are $820,000, Variable Costs Are 55% of Sales

question 32

Multiple Choice

If sales are $820,000, variable costs are 55% of sales, and operating income is $260,000, the contribution margin ratio is

• A)45%
• B)55%
• C)62%
• D)32%

---

Definitions:

Rabbis

Jewish religious leaders and teachers of Torah or Jewish law.

Shamanic Complex

A set of beliefs, practices, and rituals related to communication with the spiritual world, typically involving a shaman.

Shaman

A person regarded as having access to, and influence in, the world of good and evil spirits, typically among indigenous and tribal societies, using this access for healing and divination.

Patient

A person who is under medical care or treatment, often exhibiting tolerance and endurance of illness or the treatment process.