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In Managerial Accounting: If there is a 10% decrease in sales, will Variable Expenses and...

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Accounting

In Managerial Accounting: If there is a 10% decrease in sales, will Variable Expenses and the Contribution margin also decrease by 10%? If sales was initially $400,000 and VE was $160,000 and the CM was $240,000. How would the 10% decrease in sales impact these numbers?

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