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If a firm's sales are $280,000 and its contribution margin ratio is 60%, its variable expenses will amount to: Multiple Choice $112,000. $168,000. $134,000. $192,000
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
