Question: Glory Company's gross margin exceeded its contribution margin by $25,000. If sales totaled $175,000 when net operating income equaled $20,000 and total selling and administrative

Glory Company's gross margin exceeded its contribution margin by $25,000. If

Glory Company's gross margin exceeded its contribution margin by $25,000. If sales totaled $175,000 when net operating income equaled $20,000 and total selling and administrative expenses equaled $55,000, then the contribution margin equaled: A. $75,000 B. $80,000 C. $30,000 O D. $50,000

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