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Contribution Margin Ratio a. Young Company budgets sales of $1,090,000, fixed costs of $54,000, and...

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Accounting

Contribution Margin Ratio

a. Young Company budgets sales of $1,090,000, fixed costs of $54,000, and variable costs of $239,800. What is the contribution margin ratio for Young Company? (Enter your answer as a whole number.) %

b. If the contribution margin ratio for Martinez Company is 28%, sales were $421,000, and fixed costs were $87,230, what is the income from operations? $

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