Question: Please help, what is the answer to this question? Contribution Margin Ratio a. Yountz Company budgets sales of $770,000, fixed costs of $13,900, and variable
Please help, what is the answer to this question?
Contribution Margin Ratio
a. Yountz Company budgets sales of $770,000, fixed costs of $13,900, and variable costs of $61,600. What is the contribution margin ratio for Yountz Company? (Enter your answer as a whole number.) %
b. If the contribution margin ratio for Vera Company is 43%, sales were $882,000, and fixed costs were $261,690, what was the income from operations? $
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
