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Contribution Margin Ratio a. Young Company budgets sales of $1,050,000, fixed costs of $66,200, and variable costs of $294,000. What is the contribution margin ratio

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Contribution Margin Ratio a. Young Company budgets sales of $1,050,000, fixed costs of $66,200, and variable costs of $294,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 43%, sales were $525,000, and fixed costs were $160,280, what was the operating income

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