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Contribution Margin Ratio a. Young Company budgets sales of $1,020,000, fixed costs of $55,100, and variable costs of $244,800. What is the contribution margin ratio
Contribution Margin Ratio a. Young Company budgets sales of $1,020,000, fixed costs of $55,100, and variable costs of $244,800. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 49%, sales were $539,000, and fixed costs were $190,160, what was the operating income? $ Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $432,500, a unit variable cost of $51, and a unit selling price of $76. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $100,000. units
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