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a. Young Company budgets sales of $1,150,000, fixed costs of $64,700, and variable costs of $287,500. What is the contribution margin ratio for Young Company?

a. Young Company budgets sales of $1,150,000, fixed costs of $64,700, and variable costs of $287,500. 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 30%, sales were $497,000, and fixed costs were $108,840, what is the income from operations? $

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