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Contribution Margin Ratio a. Young Company budgets sales of $1,070,000, fixed costs of $21,700, and variable costs of $96,300. What is the contribution margin ratio

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Contribution Margin Ratio a. Young Company budgets sales of $1,070,000, fixed costs of $21,700, and variable costs of $96,300. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 29%, sales were $550,000, and fixed costs were $114,840, what was the operating Income

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