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Ross Company's variable expenses are 82% of sales. Total sales are $303,000 and net operating income is $6,900. How much are total fixed expenses? $48,000

Ross Company's variable expenses are 82% of sales. Total sales are $303,000 and net operating income is $6,900. How much are total fixed expenses? $48,000 $51,920 $47,640 $67,580

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