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Contribution Margin Ratio a. Young Company budgets sales of $1,150,000, fixed costs of $54,300, and variable costs of $241,500. What is the contribution margin
Contribution Margin Ratio a. Young Company budgets sales of $1,150,000, fixed costs of $54,300, and variable costs of $241,500. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 59%, sales were $446,000, and fixed costs were $194,720, what was the operating income?
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