(Solution) - a Bert Company budgets sales of 1 250 000 fixed costs of -(2025 Original AI-Free Solution)

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a. Bert Company budgets sales of $1,250,000, fixed costs of $450,000, and variable costs of $200,000. What is the contribution margin ratio for Bert Company?
b. If the contribution margin ratio for Ernie Company is 40%, sales were $750,000, and fixed costs were $225,000, what was the income from operations?