a.  Imelda Company budgets sales of $850,000, fixed costs of $19,100, and variable costs of $85,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) fill in the blank 1 % b.  If the contribution margin ratio for Peppa Company is 35%, sales were $630,000, and fixed costs were $154,350, what was the income from operations?

Last month when Holiday Creations, Incorporated, sold 41,000 units, its sales, variable expenses, and fixed expenses were $164,000, $136,120, and $38,600, respectively. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the company's variable expense ratio? Note: Do not round intermediate calculations. 1. Contribution margin ratio 2. Variable expense ratio 17 % %

Skywalker Corporation reported the following on their contribution format income statement: Sales (12,000 units) $175,000 Less: Variable expenses 100,000 Contribution margin 75,000 Less: Fixed expenses    62,500 Net operating income $ 12,500 What is the contribution margin ratio?

Tucker Company reports the following data: Sales $415,400 Variable costs 278,300 Contribution margin $137,100 Fixed costs 112,200 Income from operations $24,900 Determine Tucker Company's operating leverage. Round your answer to one decimal place.fill in the blank 1