Matthew pulled together the following annual revenue and cost information for his small business: total variable costs
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Question:
Matthew pulled together the following annual revenue and cost information for his small business: total variable costs $7,000, total COGS $5,400, total revenues $18,400, total fixed costs $3,600, and total SG&A $5,200. Determine the contribution margin, gross margin, and operating income for Matthew for the year.
Related Book For
Managerial Accounting Tools for business decision making
ISBN: 978-1118096895
6th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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