=+EX 21-25 Operating leverage obj. 5 a. Varner, 3.00 988 Chapter 21 Cost Behavior and Cost-Volume-Profit
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=+EX 21-25 Operating leverage obj. 5
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a. Varner, 3.00 988 Chapter 21 Cost Behavior and Cost-Volume-Profit Analysis In the following equations, based on the variable costing income statement, identify the items designated by “X”:
a. Net Sales X Manufacturing Margin
b. Manufacturing Margin X Contribution Margin
c. Contribution Margin X Income from Operations Appendix
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