The contribution margin ratio margin ratio for Horizon Manufacturing is 40%, sales were $950,000, and fixed costs were $190,000. What was the income from operations?
The contribution margin ratio margin ratio for Horizon Manufacturing is 40%, sales were $950,000, and fixed costs were $190,000. What was the income from operations?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please provide answer this financial accounting question not use ai please don't
Transcribed Image Text:The contribution margin ratio
margin ratio for Horizon
Manufacturing is 40%, sales were $950,000, and
fixed costs were $190,000. What was the income
from operations?
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