Question: Prepare a CVP income statement for current operations and after Ivanhoe's changes are introduced. Sales BARGAIN SHOE STORE CVP Income Statement Current 688000 New

Prepare a CVP income statement for current operations and after Ivanhoe's changes are introduced. Sales BARGAIN SHOE STORE CVP Income Statement Current 688000 New 817000 Variable Expenses Contribution Margin Fixed Expenses Net Income/(Loss) Would you make the changes suggested? No 430000 1 537500 i 232200 257140
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