Knick company budgets sales of 2750000 fixed costs of


a. knick company budgets sales of $2,750,000 fixed costs of $600,000 and variable costs of $1,760,000. What is the contribution margin ratio for Knick Company?

b. if the contribution margin ratio for koval company is 40%, sales were $1,450,000 and fixed costs were $356,000 what was the income from operations?

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Financial Accounting: Knick company budgets sales of 2750000 fixed costs of
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