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a . Coastal Company budgets sales of $ 1 , 0 7 0 , 0 0 0 , fixed costs of $ 5 5 ,

a. Coastal Company budgets sales of $1,070,000, fixed costs of $55,400, and variable costs of $246,100. What is the contribution
margin ratio for Coastal Company?
%
b. If the contribution margin ratio for Bushner Company is 50%, sales were $517,000, and fixed costs were $204,220, what was the
operating income?
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