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Aero, Increquires Sales of $2,000,000 to Cover Its Fixed Costs of of $400,000

Question 119

Multiple Choice

Aero, Inc.requires sales of $2,000,000 to cover its fixed costs of $400,000 and to earn net income of $500,000.What percent are variable costs of sales?


A) 25%
B) 55%
C) 20%
D) 45%

Correct Answer:

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