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Last month when Holiday Creations, Incorporated, sold 42,000 units, its sales, variable expenses, and fixed expenses were $168,000, $120,960, and $39,600, respectively. Required: What is
Last month when Holiday Creations, Incorporated, sold 42,000 units, its sales, variable expenses, and fixed expenses were $168,000, $120,960, and $39,600, respectively. Required: What is the companys contribution margin (CM) ratio? What is the companys variable expense ratio
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Accounting Systems
Authors: Ronald W. Hilton, David E. Platt
10th Edition
1308172486, 978-1308172484
