Contribution Margin Ratio a. Imelda Company budgets sales of $830,000, fixed costs of $24,300, and variable costs of $107,900. 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 44%, sales were $868,000, and fixed costs were $294,080, what was the income from operations?