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a. Young Company budgets sales of $1,120,000, fixed costs of $68,000, and variable costs of $302,400. What is the contribution margin ratio for Young Company?
a. Young Company budgets sales of $1,120,000, fixed costs of $68,000, and variable costs of $302,400. 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 45%, sales were $773,000, and fixed costs were $250,450, what is the income from operations? $
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