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Contribution Margin Ratio a. Imelda Company budgets sales of $960,000, fixed costs of $75,600,...

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Accounting

Contribution Margin Ratio
a. Imelda Company budgets sales of $960,000, fixed costs of $75,600, and variable costs of $336,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.)
%
b. If the contribution margin ratio for Peppa Company is 62%, sales were $907,000, and fixed costs were $404,880, what was the income from operations?
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