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Contribution margin ratio a . Coastal Company budgets sales of $ 1 , 0 9 0 , 0 0 0 , fixed costs of $

Contribution margin ratio
a. Coastal Company budgets sales of $1,090,000, fixed costs of $56,400, and variable costs of $250,700. What is the contribution margin ratio for Coastal Company?
b. If the contribution margin ratio for Bushner Company is 67%, sales were $557,000, and fixed costs were $279,890, what was the operating income?

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