Contribution Margin Ratio

a. Young Company budgets sales of $1,030,000, fixed costs of $48,700, and variable costs of $216,300. What is the contribution margin ratio for Young Company? fill in the blank 1 %

b. If the contribution margin ratio for Martinez Company is 31%, sales were $613,000, and fixed costs were $136,820, what was the operating income? $fill in the blank 2