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Bonita, Inc. requires sales of $2500000 to cover its fixed costs of $700000 and to earn net income of $200000, What percentage is its variable

Bonita, Inc. requires sales of $2500000 to cover its fixed costs of $700000 and to earn net income of $200000, What percentage is its variable costs of sales?

28.0%

36.0%

64.0%

8.0%

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