Contribution Margin Ratio a. Young Company budgets sales of $1,030,000, fixed costs of $23,200, and variable costs of $103,000. What is the contribution margin ratio for Young Company? % b. If the...

Contribution Margin Ratio

a.Young Company budgets sales of $1,030,000, fixed costs of $23,200, and variable costs of $103,000. What is the contribution margin ratio for Young Company?
%

b.If the contribution margin ratio for Martinez Company is 41%, sales were $456,000, and fixed costs were $145,830, what was the operating income?
$