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Berg Dry Cleaners has determined the following about its costs: Total variable expenses are $41,000,...

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Accounting

Berg Dry Cleaners has determined the following about its costs: Total variable expenses are $41,000, total fixed expenses are $30,000, and the sales revenue needed to break even is $50,000.Determine the company's current 1) sales revenue and 2) operating income. (Hint: First, find the contribution margin ratio; then prepare the contribution margin income statement.). Can you help me out by creating a contribution margin income statement to check if my answers are correct?

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