Read the menta Requirement 1. Calculate the contribution margin ratio. Select the labels and enter the...

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Read the menta 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%) Contribution margin $ 176,680 $ Net sales revenue 315,500 Contribution margin ratio! 56%) Requirement 2. Prepare two contribution margin income statements, one at the $251,000 sales level and one at the $370,000 sales level (Hint The proportion of each sales dollar that goes toward variable costs is constant within t First prepare the contribution margin income statement at the $251,000 sales level (Use a minus sign or parentheses for a loss.) Neptune Travel Contribution Margin Income Statement i Three Months Ended March 31, 2024 Data table - X Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income (Less) $ 251.000 Neptune Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 176.000 Net Sales Revenue 315.500 130620 Variable Costs Contribution Margin 176630 175,000 Fixed Costs 680 Operating Income Help me solve this Etext pages Get more help- Print Done Read the menta 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%) Contribution margin $ 176,680 $ Net sales revenue 315,500 Contribution margin ratio! 56%) Requirement 2. Prepare two contribution margin income statements, one at the $251,000 sales level and one at the $370,000 sales level (Hint The proportion of each sales dollar that goes toward variable costs is constant within t First prepare the contribution margin income statement at the $251,000 sales level (Use a minus sign or parentheses for a loss.) Neptune Travel Contribution Margin Income Statement i Three Months Ended March 31, 2024 Data table - X Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income (Less) $ 251.000 Neptune Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 176.000 Net Sales Revenue 315.500 130620 Variable Costs Contribution Margin 176630 175,000 Fixed Costs 680 Operating Income Help me solve this Etext pages Get more help- Print Done