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Contribution Margin Ratio a. Young Company budgets sales of $1,270,000, fixed costs of $74,300, and variable costs of $330,200. What is the contribution margin ratio
Contribution Margin Ratio a. Young Company budgets sales of $1,270,000, fixed costs of $74,300, and variable costs of $330,200. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 55%, sales were $717,000, and fixed costs were $268,160, what was the operating income
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