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Contribution Margin Ratio a. Young Company budgets sales of $1,170,000, fixed costs of $42,100, and...

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Accounting

Contribution Margin Ratio

a. Young Company budgets sales of $1,170,000, fixed costs of $42,100, and variable costs of $187,200. 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 39%, sales were $594,000, and fixed costs were $176,060, what is the income from operations? $

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