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a. Yountz Company budgets sales of $1,200,000, fixed costs of $56,700, and variable costs of $252,000. What is the contribution margin ratio for Yountz Company?
a. Yountz Company budgets sales of $1,200,000, fixed costs of $56,700, and variable costs of $252,000. What is the contribution margin ratio for Yountz Company? (Enter your answer as a whole number.)
b. If the contribution margin ratio for Vera Company is 40%, sales were $563,000, and fixed costs were $171,150, what was the income from operations?
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