Contribution Margin Ratio a. Imelda Company budgets sales of $850,000, nxed costs of $34,400, and...

60.1K

Verified Solution

Question

Accounting

image
Contribution Margin Ratio a. Imelda Company budgets sales of $850,000, nxed costs of $34,400, and variable costs of $153,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) 96 b. If the contribution margin ratio for Peppa Company is 34%, sales were $746,000, and Mixed costs were $180,080, what was the income from operations

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students