a. Coastal Company budgets sales of $870,000, fixed costs of $62,600, and variable costs of $278,400. What is the contribution margin ratio for Coastal Company?fill in the blank 1 of 1 % b. If the contribution margin ratio for Bushner Company is 66%, sales were $652,000, and fixed costs were $296,920, what was the operating income?

a. Coastal Company budgets sales of $870,000, fixed costs of $62,600, and variable costs of $278,400. What is the contribution margin ratio for Coastal Company?fill in the blank 1 of 1 % b. If the contribution margin ratio for Bushner Company is 66%, sales were $652,000, and fixed costs were $296,920, what was the operating income?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 9E: Contribution margin ratio Young Company budgets sales of 112,900,000, fixed costs of 25,000,000, and...

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