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Contribution Margin Ratio a. Young Company budgets sales of $1,110,000, fixed costs of $84,900, and variable costs of $377,400. What is the contribution margin ratio
Contribution Margin Ratio a. Young Company budgets sales of $1,110,000, fixed costs of $84,900, and variable costs of $377,400. What is the contribution margin ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 69%, sales were $689,000, and fixed costs were $356,560, what was the operating income
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