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  3. zip co. had sales of $500,000, operating income of

Zip Co. had sales of $500,000, operating income of $50,000 and a contribution margin ratio...

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Accounting

  1. Zip Co. had sales of $500,000, operating income of $50,000 and a contribution margin ratio of 60% (or .60). Total fixed expenses were:

    $200,000

    $300,000

    $250,000

    $350,000

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