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What is the contribution margin ratio for Matzinger Company

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Question - Contribution Margin Ratio

a. Matzinger Company budgets sales of $1,020,000, fixed costs of $142,300, and variable costs of $632,400. What is the contribution margin ratio for Matzinger Company?

b. If the contribution margin ratio for Raynor Company is 56%, sales were $633,000, and fixed costs are $262,320, what is the operating income?

Reference no: EM132750376

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