Contribution Margin Ratio a. Imelda Company budgets sales of $1,160,000, fixed costs of $70,500, and variable costs of $313,200. What is the contribution margin ratio for Imelda Compan (Enter your answer as a whole number.) % b. If the contribution margin ratio for Peppa Company is 56%, sales were $844,000, and fixed costs were $368,660, what was the income from operations