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Contribution Margin Ratio a. Young Company budgets sales of $1,100,000, fixed costs of $37,100, and variable costs of 165,000. What is the contribution margin ratio
Contribution Margin Ratio a. Young Company budgets sales of $1,100,000, fixed costs of $37,100, and variable costs of 165,000. What is the contribution margin ratio for Young Company? 96 b. If the contribution margin ratio for Martinez Company is 43%, sales were $641,000, and fixed costs were $187,430, what was the operating income
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