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The Gaylord Company Has Sales of $800,000,variable Costs of $400,000,and

Question 45

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The Gaylord Company has sales of $800,000,variable costs of $400,000,and fixed costs of $250,000.
Compute the following:
a.Contribution margin ratio
b.Break-even sales volume
c.Margin of safety ratio
d.Net income as a percentage of sales

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