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ame Bentfield Dry Cleaners has determined the following about its costs: Total variable expenses are $32,000, total fixed expenses are $25,200, and the sales revenue
ame Bentfield Dry Cleaners has determined the following about its costs: Total variable expenses are $32,000, total fixed expenses are $25,200, and the sales revenue needed to break even is $42,000. Determine the company's current 1) sales revenue and 2) operating income. (Hint: First, find the contribution margin ratio, then prepare the contribution margin income statement.) nts in e Text Use the contribution margin income statement and the shortcut contribution margin approaches to determine Beritfield's current (1) sales revenue and (2) operating income. Begin by computing the contribution margin ratio. (Enter the result as a whole number.) The contribution margin ratio is % Prepare the contribution margin income statement at the calculated sales level. Bentfield Drycleaners Contribution Margin Income Statement ent Sharin edia Librai er Resource mic Study es Choose from any list or enter any number in the input fields and then continue to the next question munication T upy GSM Search O RI
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