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Contribution Margin Ratio a. Bert Company budgets sales of $800,000, fixed costs of $25, 200, and variable costs of $112,000. What is the contribution margin
Contribution Margin Ratio a. Bert Company budgets sales of $800,000, fixed costs of $25, 200, and variable costs of $112,000. What is the contribution margin ratio for Bert Company? (Enter your answer as a whole number.) _____ % b. If the contribution margin ratio for Ernie Company is 57%, sales were $698,000, and fixed costs were $200, 440, what was the income from operations? $ _____
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