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Stacker requires sales of $500,000 to cover its fixed costs of $100,000 and to earn net income of $80,000. What percent are variable costs of
Stacker requires sales of $500,000 to cover its fixed costs of $100,000 and to earn net income of $80,000. What percent are variable costs of sales?
A. 2.77%
B. 20%
C. 64%
D. 36%
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Introduction to Managerial Accounting
Authors: Peter C. Brewer, Ray H Garrison, Eric Noreen
8th edition
1259917061, 978-1259917066
