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Posted on May 26, 2024

At its present level of operations, a small manufacturing firm has total variable costs equal to 75 percent of sales and total fixed costs

At its present level of operations, a small manufacturing firm has total variable costs equal to 75 percent of sales and total fixed costs equal to 15 percent of sales. Based on variable costing, if sales change by $1.00, income will change by Select one: a. $0.25. b. $0.75. c. $0.10. d. can't be determined from the information given.

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