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You have been provided with the following information: Sales Less Variable expenses Contribution margin Less fixed expenses Operating profit Total $138,000 78,000 60,000 40,000 $
You have been provided with the following information: Sales Less Variable expenses Contribution margin Less fixed expenses Operating profit Total $138,000 78,000 60,000 40,000 $ 20,000 If sales decrease by 10%, what level of fixed costs will maintain the current operating profit
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