CH 21 EX9

Contribution Margin Ratio a. Yountz Company budgets sales of $710,000, fixed costs of $17,600, and variable costs of $78,100. 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 57%, sales were $847,000, and fixed costs were $376,580, what was the income from operations? $