Question a bert company budgets sales of 830000 fixed costs, Ask an Expert

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Question: a. Bert Company budgets sales of $830,000, fixed costs of $48,600, and variable costs of $215,800. What is the contribution margin ratio for Bert Company? (Enter your answer as a whole number.)

b. If the contribution margin ratio for Ernie Company is 62%, sales were $878,000, and fixed costs were $391,940, what was the income from operations?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92681323

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