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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

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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? % b. If the contribution margin ratio for Martinez Company is 53%, sales were $472,000, and fixed costs were $177,610, what was the operating income

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