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    Survey of Accounting Study Set 2
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    Exam 11: Cost Behavior and Cost-Volume-Profit Analysis
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    If Sales Total $1,000,000,fixed Costs Total $400,000,and Variable Costs Are
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If Sales Total $1,000,000,fixed Costs Total $400,000,and Variable Costs Are

Question 125

Question 125

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If sales total $1,000,000,fixed costs total $400,000,and variable costs are 55% of sales,the contribution margin ratio is 45%.

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