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Distribution Inc., 20C contribution margin ratio based on the single company product is85%, the associated fixed costs are $240,000. It was determined that the total

Distribution Inc., 20C contribution margin ratio based on the single company product is85%, the associated fixed costs are $240,000. It was determined that the total sales for the year 20C is$550,000, determine the profit or losses for the year 20C, assuming the fixed expenses is within the relevant range.

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