If sales are $822,000, variable costs are 79% of sales, and operating income is $244,000, what is the contribution margin ratio? a.75% b.25% c.21% d.79%

c.21%

Explanation:

The computation of the contribution margin ratio is shown below

Sales is $822,000

Variable cost ratio 79% of sales

So,  

Variable cost (79% of $822,000 ) $649,380

Now contribution margin is

= Sales - variable cost

= $822,000 - $649,380

= $172,620

Now

Contribution margin ratio is

= Contribution ÷ Sales × 100  

= $172,620  ÷ $822,000 × 100

= 21%

Therefore the option c is correct

what is data classification and what can it do for my business?

data classification is an approach to identifying, protecting and managing information which has rapidly become best practice. implemented as part of a layered security strategy, it enables an enterprise to defend itself against a variety of threats – from aggressive outsiders to untrained or well-meaning insiders – while unlocking the full potential of its data to drive innovation and productivity.

in this whitepaper we have put together a comprehensive introduction to data classification and the benefits it will have for your business.

the answer is b for dog