Question: Contribution Margin Ratio a. Young Company budgets sales of $800,000, fixed costs of $23400, and variable costs of $104,000. What is the contribution margin ratio

Contribution Margin Ratio a. Young Company budgets sales of $800,000, fixed

Contribution Margin Ratio a. Young Company budgets sales of $800,000, fixed costs of $23400, and variable costs of $104,000. What is the contribution margin ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 66%, sales were $577,000, and fixed costs were $258,960, what was the operating income

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