a. Young Company budgets sales of $790,000, fixed costs of $32,000, and variable costs of...
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Accounting
a. Young Company budgets sales of $790,000, fixed costs of $32,000, and variable costs of $142,200. What is the contribution margin ratio for Young Company? %
b. If the contribution margin ratio for Martinez Company is 54%, sales were $653,000, and fixed costs were $239,780, what was the operating income? $
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