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Wesley's income statement is as follows: Sales (10,000 units)-(Answered)

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Question

Wesley?s income statement is as follows:?

Sales (10,000 units)

$150,000

Less variable costs

- ?48,000

Contribution margin

$102,000

Less fixed costs

- ?24,000

Net income

$? 78,000


?What is the contribution margin ratio?

 

Paper#9257531 | Written in 27-Jul-2016

Price : $16
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