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The CVP income statements shown below are available for Ivanhoe Company and Oriole Company. Ivanhoe Co. Oriole Co. Sales revenue $716,000 $716,000 Variable costs
The CVP income statements shown below are available for Ivanhoe Company and Oriole Company. Ivanhoe Co. Oriole Co. Sales revenue $716,000 $716,000 Variable costs 383,000 206,000 Contribution margin 333,000 510,000 Fixed costs 233,000 410,000 Operating income $100,000 $100,000
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Financial Accounting Fundamentals
Authors: John Wild
3rd edition
978-0073527048, 0073527041, 978-0077544652
