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please help me put this answer has multiple parts and im struggling. For its top managers, Venus Travel formats its income statement as follows: (Click
please help me put this answer has multiple parts and im struggling.
For its top managers, Venus Travel formats its income statement as follows: (Click the icon to view the income statement.) Venus's relevant range is between sales of $255,000 and $365,000. Read the reguirements. Requirement 1. Calculate the contribution margin ratio. Select the labels and enter the amounts to calculate the contribution margin ratio. (Enter the contribution margin ratio as a whole percentage, X%.) For its top managers, Venus Travel formats its income statement as follows: (Click the icon to view the income statement.) Venus's relevant range is between sales of $255,000 and $365,000. Read the requirements. Requirement 1. Calculate the contribution margin ratio. Select the labels and enter the amounts to calculate the contribution margin ratio. (Enter the contribution margin ratio as a whole percentage, X%.) =Contributionmarginratio=% % Requirements 1. Calculate the contribution margin ratio. 2. Prepare two contribution margin income statements: one at the $255,000 sales level and one at the $365,000 sales level. (Hint: The proportion of each sales dollar that goes toward variable costs is constant within the relevant range.) Data table Step by Step Solution
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