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a. Young Company budgets sales of $880,000,fixed costsof $59,400, andvariable costsof $264,000. What is the contribution margin ratio for Young Company? fill in the blank

a.Young Company budgets sales of $880,000,fixed costsof $59,400, andvariable costsof $264,000. What is the contribution margin ratio for Young Company?

fill in the blank 1

%

b.If the contribution margin ratio for Martinez Company is 52%, sales were $501,000, and fixed costs were $195,390, what was the operating income?

$fill in the blank 2

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