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Contribution Margin Ratio a. Young Company budgets sales of $960,000, fixed costs of $73,400, and variable costs of $326,400. What is the contribution margin ratio
Contribution Margin Ratio a. Young Company budgets sales of $960,000, fixed costs of $73,400, and variable costs of $326,400. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 56%, sales were $909,000, and fixed costs were $366,510, what was the operating income? $ Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $450,800, a unit variable cost of $58, and a unit selling price of $86. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $103,600. units
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