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Business, 13.02.2020 22:22 edjiejwi

Stauffer Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (8,000 units) Variable expenses Contribution margin Fixed expenses Net operating income 320,000 192,000 128,000 118,400 9,600 18. What is the variable expense ratio for Stauffer Corporation?

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