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The cost accounting group provided Amiya with the following cost estimates: Fixed operating expenses of $95,000 in the first year that will grow at 10%
The cost accounting group provided Amiya with the following cost estimates: Fixed operating expenses of $95,000 in the first year that will grow at 10% in future years. Variable operating expenses for cost of goods sold, SG&A, and other of 12%, 25%, and 2 7% of sales, respectively.
How do you calculate variable operating expenses for all 5 years?
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