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Company Y shows the following quarterly data relating to its widget line for the first quarter of 2015, for sales of 10,000 units: Net income

Company Y shows the following quarterly data relating to its widget line for the first quarter of 2015, for sales of 10,000 units:

Net income $80,000

Tax Rate 35%

CM Ratio 45%

Fixed Costs $100,000

I need to find Sales, VC, and CM from the given information. Please explain how you find it.

Thanks in advance!

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