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What is the contribution margin ratio for young company

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Question a. Young Company budgets sales of $1,270,000, fixed costs of $85,700, and variable costsof $381,000. What is the contribution margin ratio for Young Company?

Question b. If the contribution margin ratio for Martinez Company is 60%, sales were $674,000, and fixed costs were $283,080, what was the operating income?

Reference no: EM132574782

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What is the contribution margin ratio for young company : Young Company budgets sales of $1,270,000, fixed costs of $85,700, and variable costsof $381,000. What is the contribution margin ratio for Young Company?
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