Question
If the contribution margin ratio for France Company is 35%, sales were $414,000, and fixed costs were $103,000, what was the income from operations? a.$41,900
If the contribution margin ratio for France Company is 35%, sales were $414,000, and fixed costs were $103,000, what was the income from operations?
a.$41,900
b.$103,000
c.$33,520
d.$144,900
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Management Accounting Information for creating and managing value
Authors: Kim Langfield Smith, David Smith, Paul Andon, Ronald Hilton, Helen Thorne
8th edition
9781760420413 , 978-1760420406
