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Designs by Susan (sells a single product. The following information pertains to Designs by Susan's most recent income statement: Sales (4,000 units) $120,000 Less variable
Designs by Susan (sells a single product. The following information pertains to Designs by Susan's most recent income statement: Sales (4,000 units) $120,000 Less variable expenses (68,000) Contribution margin 52,000 Less fixed expenses (40,000) Net income $12,000 The contribution margin is
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