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Ripa Company has the following data: Sales revenue $360,000 Variable costs $240,000 Contribution margin $120,000 Fixed costs $100,000 Operating income $ 20,000 What will the
Ripa Company has the following data:
| Sales revenue | $360,000 |
| Variable costs | $240,000 |
| Contribution margin | $120,000 |
| Fixed costs | $100,000 |
| Operating income | $ 20,000 |
What will the contribution margin ratio be at Ripa Company if sales volume increases by 15%?
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Ethical Obligations And Decision Making In Accounting Text And Cases
Authors: Steven Mintz, Roselyn Morris
2nd Edition
0078025281, 9780078025280
