Contribution Margin Ratio a. Young Company budgets sales of $700,000, fixed costs of $12,600, and variable costs of $56,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 67%, sales were $759,000, and fixed costs were $386,480, what was the operating income? Check My Work 3 more Check My Work uses remaining. Previous Next Email Instructor Save and Exit Submit Assignment for Grading