Sales were $750,000, the variable cost of goods sold was $400,000, the variable selling and administrative expenses
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Sales were $750,000, the variable cost of goods sold was $400,000, the variable selling and administrative expenses were $90,000, and fixed costs were $200,000. The contribution margin was:
a. $60,000.
b. $260,000.
c. $350,000.
d. none of the above.
Variable Costing for Management Analysis
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337902663
15th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
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