a. Young Company budgets sales of $1,170,000, fixed costs of $29,000, and variable costs of $128,700. What

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a. Young Company budgets sales of $1,170,000, fixed costs of $29,000, and variable costs of $128,700. What is the contribution margin ratio for Young Company?

b. If the contribution margin ratio for Martinez Company is 42%, sales were $633,000, and fixed costs were $188,760, what was the operating income?

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Construction accounting and financial management

ISBN: 978-0135017111

2nd Edition

Authors: Steven j. Peterson

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Posted Date: Apr 24, 2021 09:15 PM

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a. Young Company budgets sales of $1,170,000, fixed costs of $29,000, and variable costs of $128,700. What

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a Contribution Margin Ratio Sales Variable costs Sales 100 1170000 12... View the full answer

Construction accounting and financial management

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