# Young Company budgets sales of \$112,900,000, fixed costs of \$25,000,000, and variable costs of \$66,611,000. What...

Young Company budgets sales of \$112,900,000, fixed costs of \$25,000,000, and variable costs of \$66,611,000. What is the contribution margin ratio for Young Company?
______ %

b. If the contribution margin ratio for Martinez Company is 40%, sales were \$34,800,000, and fixed costs were \$1,500,000, what was the operating income?
________\$

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Contribution Margin Ratio a. Young Company budgets sales of \$112,900,000, fixed costs of \$25,000,000, and variable costs of \$66,611,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 40%, sales were \$34,800,000, and fixed costs were \$1,500,000, what was the operating income? \$

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