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a. Young Company budgets sales of $1,240,000, fixed costs of $78,100, and variable costs of $347,200. What is the contribution margin ratio for Young Company?

image text in transcribed a. Young Company budgets sales of $1,240,000, fixed costs of $78,100, and variable costs of $347,200. 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 $454,000, and fixed costs were $163,440, what is the income from operations

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