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Anderson Dry Cleaners has determined the following about itscosts: Total variable expenses are $41,000 , total fixed expenses are $27,000, and the sales revenue needed
Anderson Dry Cleaners has determined the following about itscosts: Total variable expenses are $41,000, total fixed expenses are
$27,000, and the sales revenue needed to break even is $45,000. Determine thecompany's current1) sales revenue and2) operating income. (Hint:First, find the contribution marginratio; then prepare the contribution margin incomestatement.)
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