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The following single-column CVP income statements are available for Carla Vista Company and Sandhill Company. Carla Vista Company Sandhill Company Sales $ 590,000 $ 590,000
The following single-column CVP income statements are available for Carla Vista Company and Sandhill Company. Carla Vista Company Sandhill Company Sales $ 590,000 $ 590,000 Variable costs 330,400 236,000 Contribution margin 259,600 354,000 Fixed costs 200,600 318,600 Net income $ 59,000 $ 35,400 (a1) * Your answer is incorrect. Calculate contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Carla Vista Company .23 Sandhill Company .1
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