Yountz Company budgets sales of $1,170,000, fixed costs of $31,600, and variable costs of $140,400. What is the contribution margin ratio for Yountz Company?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management analysis
Section: Chapter Questions
Problem 16E
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What is the contribution margin ratio for yountz company?

Yountz Company budgets sales of
$1,170,000, fixed costs
of
$31,600, and variable costs of
$140,400. What
is
the
contribution margin ratio for
Yountz Company?
Transcribed Image Text:Yountz Company budgets sales of $1,170,000, fixed costs of $31,600, and variable costs of $140,400. What is the contribution margin ratio for Yountz Company?
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