atzinger Company budgets sales of $1,270,000, fixed costs of $157,200, and variable costs of $698,500. What is the contribution margin ratio for Matzinger Company?

contribution margin ratio= 0.45

Explanation:

Giving the following information:

Budgets sales of $1,270,000,  and variable costs of $698,500.

To calculate the contribution margin ratio, we need to use the following formula:

contribution margin ratio= (sales - variable cost) / sales

contribution margin ratio= (1,270,000 - 698,500) / 1,270,000

contribution margin ratio= 0.45

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.