Required: pg65 Suppose a companys variable costs are 70% of sales. Write a formula that represents the
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Required: pg65 Suppose a company’s variable costs are 70% of sales.
Write a formula that represents the computation of dollar sales that will yield a profit equal to 10% of the contribution margin, where S equals sales in dollars for the period and FC equals total fixed costs for the period.
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Related Book For
Cost Accounting Concepts And Applications For Managerial Decision Making
ISBN: 9780070103108
2nd Edition
Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg
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