Sheridan Company had the following amounts from its income statement: Sales revenue (800 units) $73600 Cost...

 

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Sheridan Company had the following amounts from its income statement: Sales revenue (800 units) $73600 Cost of goods sold - fixed 18400 Cost of goods sold - variable 17020 Selling expenses - fixed 6440 Selling expenses - variable 5520 Administrative expenses - fixed 4600 Administrative expenses - variable 6900 How much is Sheridan's contribution margin? Sheridan Company had the following amounts from its income statement: Sales revenue (800 units) $73600 Cost of goods sold - fixed 18400 Cost of goods sold - variable 17020 Selling expenses - fixed 6440 Selling expenses - variable 5520 Administrative expenses - fixed 4600 Administrative expenses - variable 6900 How much is Sheridan's contribution margin?

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To calculate Sheridan Companys contribution margin we ne... View the full answer