Given the following information for Evergreen for Evergreen Enterprises, determine the variable cost per dollar of sales revenue and the total fixed costs, using both the high and low data to confirm the calculations. The high total sales revenue was $50,000, and the low total sales revenue was $40,000. The high operating costs were $36,000, and the low operating costs were $30,000.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Given the following information for Evergreen
for Evergreen Enterprises,
determine the variable cost per dollar of sales revenue and the total
fixed costs, using both the high and low data to confirm the
calculations. The high total sales revenue was $50,000, and the low
total sales revenue was $40,000. The high operating costs were
$36,000, and the low operating costs were $30,000.
Transcribed Image Text:Given the following information for Evergreen for Evergreen Enterprises, determine the variable cost per dollar of sales revenue and the total fixed costs, using both the high and low data to confirm the calculations. The high total sales revenue was $50,000, and the low total sales revenue was $40,000. The high operating costs were $36,000, and the low operating costs were $30,000.
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