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Contribution Margin Ratio a. Matzinger Company budgets sales of $10,400,000, fixed costs of $1,100,000, and...

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Accounting

Contribution Margin Ratio

a. Matzinger Company budgets sales of $10,400,000, fixed costs of $1,100,000, and variable costs of $6,656,000. What is the contribution margin ratio for Matzinger Company? %

b. If the contribution margin ratio for Raynor Company is 41%, sales are $6,200,000, and fixed costs are $1,350,000, what is the operating income? $

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