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Contribution Margin Ratio a. Young Company budgets sales of $990,000, fixed costs of $71,300, and variable costs of $316,800. What is the contribution margin ratio

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Contribution Margin Ratio a. Young Company budgets sales of $990,000, fixed costs of $71,300, and variable costs of $316,800. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 54%, sales were $532,000, and fixed costs were $218,330, what was the operating income? 2

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