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a. Imelda Company budgets sales of $1,150,000, fixed costs of $38,800, and variable costs of $172,500. What is the contribution margin ratio for Imelda Company?

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a. Imelda Company budgets sales of $1,150,000, fixed costs of $38,800, and variable costs of $172,500. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Peppa Company is 28%, sales were $659,000, and fixed costs were $142,080, what was the income from operations

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