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Contribution Margin Ratio a. Matzinger Company budgets sales of $1,180,000, fixed costs of $146,000, and variable costs of $649,000. What is the contribution margin ratio

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Contribution Margin Ratio a. Matzinger Company budgets sales of $1,180,000, fixed costs of $146,000, and variable costs of $649,000. What is the contribution margin ratio for Matzinger Company? % b. If the contribution margin ratio for Raynor Company is 65%, sales were $469,000, and fixed costs are $210,350, what is the operating income

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