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A company buys products from suppliers at a wholesale price and then sells them to consumers at a higher price. The store sells varying quantities

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A company buys products from suppliers at a wholesale price and then sells them to consumers at a higher price. The store sells varying quantities of different products each month. The store has fixed costs that include cashiers, utility bills, and store overhead, which cannot be easily assigned to a single product. The tries to minimize overhead costs while maximizing the number of products it sells. Why should this firm use a contribution approach to its income statements? Because the store wants to minimize fixed costs Because the store wants to maximize its overall sales Because the store will be able to separate variable and fixed costs Because the store has both direct suppliers and direct customers

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