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Contribution Margin Ratio a. Young Company budgets sales of $1,230,000, fixed costs of $83,000, and variable costs of $369,000. What is the contribution margin ratio
Contribution Margin Ratio a. Young Company budgets sales of $1,230,000, fixed costs of $83,000, and variable costs of $369,000. What is the contribution margin ratio for Young Company? (Enter your answer as a whole number.) 86 X % b. If the contribution margin ratio for Martinez Company is 28%, sales were $491,000, and fixed costs were $101,740, what is the income from operations? 137,480 X
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