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Milk Mints must have sales of $3,200,000 to cover its fixed costs of $960,000 and to earn net income of $800,000. What is the company's

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Milk Mints must have sales of $3,200,000 to cover its fixed costs of $960,000 and to earn net income of $800,000. What is the company's variable costs as a percent of sales? 45%25%30%55%

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