4. a. Yountz Company budgets sales of $870,000, fixed costs of $35,200,...
70.2K
Verified Solution
Link Copied!
Question
Accounting
4.
a. Yountz Company budgets sales of $870,000, fixed costs of $35,200, and variable costs of $156,600. 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 37%, sales were $695,000, and fixed costs were $187,720, what was the income from operations? Feedback
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
