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Contribution Margin Ratio a. Imelda Company budgets sales of $1,250,000, fixed costs of $22,500, and variable costs of $100,000. What is the contribution margin
Contribution Margin Ratio a. Imelda Company budgets sales of $1,250,000, fixed costs of $22,500, and variable costs of $100,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Peppa Company is 53%, sales were $815,000, and fixed costs were $336,920, what was the income from operations?
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