Question

Berg Drycleaners has determined the following about its costs: Total variable expenses are $40,000, total fixed expenses are $30,000, and the sales revenue needed to break-even is $40,000. Use the contribution margin income statement and the shortcut contribution mar- gin approaches to determine Berg Drycleaners’ 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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  • CreatedApril 30, 2015
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