Business, 21.08.2021 02:10 0prayforthelost0

Douglas Dry Cleaners has determined the following about its costs: Total variable expenses are $30,000, total fixed expenses are $28,000, and the sales revenue needed to break even is $35,000. Determine the company’s current 1) sales revenue and 2) operating income. (Hint: First, find the contribution margin ratio; then prepare the contribution margin income statement.)

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Douglas Dry Cleaners has determined the following about its costs: Total variable expenses are $30,0...