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a. Young Company budgets sales of $700,000, fixed costs of $17,300, and variable costs of $77,000. What is the contribution margin ratio for Young
a. Young Company budgets sales of $700,000, fixed costs of $17,300, and variable costs of $77,000. 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 48%, sales were $781,000, and fixed costs were $269,910, what is the income from operations?
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
