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Business, 20.12.2019 02:31 Levantine3667
Exercise 5–4computing and using the cm ratio [lo5–3] guided example 5-4 last month when holiday creations, inc., sold 50,000 units, total sales were $200,000, total variable expenses were $120,000, and fixed expenses were $65,000. required: what is the company’s contribution margin (cm) ratio? estimate the change in the company’s net operating income if it were to increase its total sales by $1,000.
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Exercise 5–4computing and using the cm ratio [lo5–3] guided example 5-4 last month when holiday crea...
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