Contribution Margin Ratio

a. Young Company budgets sales of $760,000, fixed costs of $22,200, and variable costs of $98,800. What is the contribution margin ratio for Young Company? fill in the blank 1 %

b. If the contribution margin ratio for Martinez Company is 67%, sales were $511,000, and fixed costs were $246,510, what was the operating income? $fill in the blank 2