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4. a. Yountz Company budgets sales of $870,000, fixed costs of $35,200, and variable costs of $156,600. What is the contribution margin ratio for Yountz
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a. Yountz Company budgets sales of $870,000, fixed costs of $35,200, and variable costs of $156,600. What is the contribution margin ratio for Yountz Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Vera Company is 37%, sales were $695,000, and fixed costs were $187,720, what was the income from operations? FeedbackStep by Step Solution
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