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Contribution Margin Ratio a. Young Company budgets sales of $1,250,000, fixed costs of $81,600, and variable costs of $362,500. What is the contribution margin-ratio for
Contribution Margin Ratio a. Young Company budgets sales of $1,250,000, fixed costs of $81,600, and variable costs of $362,500. What is the contribution margin-ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 37%, sales were $853,000, and fixed costs were $249,330, what was the operating income
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