Question: This Question: 1 pt 130114 (9 complete) This T Data Table -X For its top managers Venus Travel formats its income statement as follows Venus
This Question: 1 pt 130114 (9 complete) This T Data Table -X For its top managers Venus Travel formats its income statement as follows Venus Travel (Click the icon to view the income statent Contribution Margin Income Staterment relevant range is between sales of $255,000 and $364,000 Three Months Ended March 31, 2016 Sales Revenue Variable Costs Contribution Margi Fxed Costs Operating Income 314,500 35,235 179,265 71,000 8 265 late the contribution margin ratio 2. i- margin income statements one at the $255,000 sales level and one at the 5364,000 sales level (Hn e two contribuhon n margin income ine proportion of each sales dollar that goes toward variable costs is constant within the relevant range Requirement 1.Calkulale the contrbution margn ratio olet to ubels and enter tse amounts to calculate te cortebaon marge, rab(Erter to contr beor, m-on rato an ton pereentage XS Requirement 2 Prepare two contribution margin income statements one at e Venus Teavel any ot or e a any number in the imput feids and then continue
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