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Contribution Margin Ratio a. Yountz Company budgets sales of $1,170,000, fixed costs of $31,600, and variable costs of $140,400. What is the contribution margin ratio
- Contribution Margin Ratio
- a.Yountz Company budgets sales of $1,170,000,fixed costsof $31,600, andvariable costsof $140,400. What is the contribution margin ratio for Yountz Company? (Enter your answer as a whole number.)
- %
- b.If the contribution margin ratio for Vera Company is 30%, sales were $806,000, and fixed costs were $164,420, what was the income from operations?
- $
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Managerial Accounting Decision Making and Performance Management
Authors: Ray Proctor
4th edition
273764489, 978-0273764489
