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Question - Contribution Margin Ratio

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Question - Contribution Margin Ratio

a. Yountz Company budgets sales of $2,400,000, fixed costs of $525,000, and variable costs of $1,560,000. 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 40%, sales were $3,400,000, and fixed costs were $800,000, what was the income from operations?

Reference no: EM132563325

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