Contribution Margin Ratio

a. Imelda Company budgets sales of $1,130,000, fixed costs of $73,700, and variable costs of $327,700. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) fill in the blank 1 %

b. If the contribution margin ratio for Peppa Company is 66%, sales were $718,000, and fixed costs were $336,450, what was the income from operations? $fill in the blank 2