Contribution Margin Ratio

a. Young Company budgets sales of $1,090,000, fixed costs of $71,100, and variable costs of $316,100. What is the contribution margin ratio for Young Company? fill in the blank 1 %

b. If the contribution margin ratio for Martinez Company is 68%, sales were $651,000, and fixed costs were $354,140, what was the operating income? $fill in the blank 2