Raines Company's sales are $890,000 with operating profits of $158,000. If the contribution margin ratio is 40%,
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Raines Company's sales are $890,000 with operating profits of $158,000. If the contribution margin ratio is 40%, what did the fixed costs amount to?
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Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118856994
4th Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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