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a. Yountz Company budgets sales of $1,190,000, fixed costs of $50,900, and variable costs of $226,100. 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 33%, sales were $664,000, and fixed costs were $151,190, what was the income from operations?

a. Yountz Company budgets sales of $1,190,000, fixed costs of $50,900, and variable costs of $226,100. 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 33%, sales were $664,000, and fixed costs were $151,190, what was the income from operations?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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». Yountz Company budgets sales of $1,190,000, fixed costs of $50,900, and variable costs of $226,100. 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 33%, sales were $664,000, and fixed costs were $151,190, what was the income from operations?
Transcribed Image Text:». Yountz Company budgets sales of $1,190,000, fixed costs of $50,900, and variable costs of $226,100. 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 33%, sales were $664,000, and fixed costs were $151,190, what was the income from operations?
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