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Schmidt Men's Clothing's revenues and cost data for 2017 are as follows: (Click the icon to view the data.) Mr. Schmidt, the owner of

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Schmidt Men's Clothing's revenues and cost data for 2017 are as follows: (Click the icon to view the data.) Mr. Schmidt, the owner of the store, is unhappy with the operating results. An analysis of other operating costs reveals that it includes $20,000 variable costs, which vary with sales volume, and $15,000 (fixed) costs.

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