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Determine the variable cost per gross-ton mile and the total fixed cost. A. 41% EX 19-9 Contribution margin ratio Obj. 2 A. Young Company budgets
Determine the variable cost per gross-ton mile and the total fixed cost. A. 41% EX 19-9 Contribution margin ratio Obj. 2 A. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribution margin ratio for Young Company? B. If the contribution margin ratio for Martinez Company is 10%, sales were $31,800,000, and fixed costs were $1,500,000, what was the income from operations? SHOW ME HOW
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