Question
a. Young Company budgets sales of $800,000, fixed costs of $30,600, and variable costs of $136,000. What is the contribution margin ratio for Young Company?
a. Young Company budgets sales of $800,000, fixed costs of $30,600, and variable costs of $136,000. What is the contribution margin ratio for Young Company? fill in the blank 1 %
b. If the contribution margin ratio for Martinez Company is 69%, sales were $703,000, and fixed costs were $329,850, what was the operating income?
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Cloud Audit Toolkit For Financial Regulators
Authors: Asian Development Bank
1st Edition
9292692089, 978-9292692087
