Imelda Company budgets sales of $1,300,000, fixed costs of $58,500, and variable costs of $260,000. What...

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Imelda Company budgets sales of $1,300,000, fixed costs of $58,500, and variable costs of $260,000. What is the contribution margin ratio for Imelda Company? If the contribution margin ratio for Peppa Company is 31%, sales were $654,000, and fixed costs were $139,890, what was the income from operations? Imelda Company budgets sales of $1,300,000, fixed costs of $58,500, and variable costs of $260,000. What is the contribution margin ratio for Imelda Company? If the contribution margin ratio for Peppa Company is 31%, sales were $654,000, and fixed costs were $139,890, what was the income from operations?

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