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If the contribution margin ratio for France Company is 37%, sales were $441,000, and fixed costs were $103,000, what was the income from operations?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2BE: Contribution margin Waite Company sells 250,000 units at 120 per unit. Variable costs are 78 per...

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If the contribution margin ratio for France Company is 37%, sales were $441,000, and fixed costs were $103,000, what was the income from
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