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Contribution Margin Ratio a. Young Company budgets sales of $1,280,000, fixed costs of $23,000, and variable costs of $102,400. What is the contribution margin ratio
Contribution Margin Ratio a. Young Company budgets sales of $1,280,000, fixed costs of $23,000, and variable costs of $102,400. What is the contribution margin ratio for Young Company? (Enter your answer as a whole number.) b. If the contribution margin ratio for Martinez Company is 62%, sales were $504,000, and fixed costs were $234,360, what is the income from operations? $
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