a Matzinger Company budgets sales of $10,400,000, fixed costs of $1,100,000, and variable costs of $6,656,000 What is the contribution margin ratio for Matzinger Company b If the contribution margin ratio for Raynor Company is 41 , sales are $6,200,000, and fixed costs are $1,350,000, what is the o...

a Sales 10400000 Variable costs 6656000 Contribution mar ...

a. Matzinger Company budgets sales of $10,400,000, fixed costs of $1,100,000, and variable costs of $6,656,000. What

Question:

a. Matzinger Company budgets sales of $10,400,000, fixed costs of $1,100,000, and variable costs of $6,656,000. What is the ratio for Matzinger Company?
b. If the ratio for Raynor Company is 41%, sales are $6,200,000, and fixed costs are $1,350,000, what is the operating income?
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...