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Fontillas Manufacturing Corp. has sales of 1,800,000 for the first quarter of 2005. In making the sales, the company incurred the following costs and expenses
Variable Fixed
Cost of Goods Sold 750,000 540,000
Selling Expenses 95,000 60,000
Administrative Expenses 79,000 70,000
Question 1: Prepare a Cost Volume Profit income statement for the quarter ended March 31, 2005
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Total fixed cost $100,000. Looking to implement advertising campaign which cost $45,000. By what amount do sales dollars need to increase
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