Contribution Margin Ratio

a. Young Company budgets sales of $1,210,000, fixed costs of $92,600, and variable costs of $411,400. What is the contribution margin ratio for Young Company? fill in the blank 1 %

b. If the contribution margin ratio for Martinez Company is 60%, sales were $773,000, and fixed costs were $366,400, what was the operating income? $fill in the blank 2