Question
Contribution Margin Ratio a. Matzinger Company budgets sales of $1,020,000,fixed costsof $142,300, andvariable costsof $632,400. What is the contribution margin ratio for Matzinger Company? ______________%
Contribution Margin Ratio
a.Matzinger Company budgets sales of $1,020,000,fixed costsof $142,300, andvariable costsof $632,400. What is the contribution margin ratio for Matzinger Company?
______________%
b.If the contribution margin ratio for Raynor Company is 56%, sales were $633,000, and fixed costs are $262,320, what is the operating income?
$______________
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Managerial Accounting
Authors: Karen BraunWendy Tietz
3rd Edition
0132890542, 978-0132890540
