Business, 08.04.2020 03:09 mikaylaaaaa

Berg Dry Cleaners has determined the following about its costs: Total variable expenses are $ 38 comma 000, total fixed expenses are $ 32 comma 000 comma and the sales revenue needed to break even is $ 40 comma 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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Berg Dry Cleaners has determined the following about its costs: Total variable expenses are $ 38 com...

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