Stancils Dry Cleaners has determined the following about its costs: Total variable ex-penses are $ 45,000, total

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Stancil’s Dry Cleaners has determined the following about its costs: Total variable ex-penses are $ 45,000, total fixed expenses are $ 30,000, and the sales revenue needed to breakeven is $ 40,000. Determine Stancil’s current 1) sales revenue and 2) operating income.

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Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

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