a. Young Company budgets sales of $940,000, fixed costs of $65,600, and variable costs of $291,400. What is the contribution margin ratio for Young Company? fill in the blank 1 %

b. If the contribution margin ratio for Martinez Company is 59%, sales were $583,000, and fixed costs were $237,340, what was the operating income? $fill in the blank 2

Break-even sales and sales to realize operating income

For the current year ended March 31, Cosgrove Company expects fixed costs of $362,400, a unit variable cost of $49, and a unit selling price of $73.

a. Compute the anticipated break-even sales (units). fill in the blank 1 units

b. Compute the sales (units) required to realize operating income of $84,000. fill in the blank 2 units