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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

image text in transcribed 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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