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How much are total variable costs

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Q1. Sarks Company has a contribution margin of $150,000 and a contribution margin ratio of 30%. How much are total variable costs?

Q2. Hanson Meters had sales of 4,000, 4,500, 6,000, and 5,000 water meters during each of the four quarters of 2017. Hanson expects sales in each quarter of 2018 to be 10% more than the respective quarter of 2017. Each meter sells for $150. What amount will appear as budgeted total sales revenue for 2018?

Reference no: EM133161081

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