Contribution Margin Ratio a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable...

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Contribution Margin Ratio a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $

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Answer 1

Answer #1

a.Contribution margin=Sales-Variable cost

=(112,900,000-66,611,000)=46289000

Contribution margin ratio=Contribution margin/Sales

=46289000/112,900,000

=41%

b.Contribution margin ratio=Contribution margin/Sales

Hence contribution margin=(34,800,000*40%)=13920000

Less:Fixed cost=(1,500,000)

Operating income=$12,420,000

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Answer 2

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