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Question - A company has revenues of $500,000, fixed manufacturing costs of $100,000, variable manufacturing costs of $150,000, variable selling costs of $50,000, fixed selling costs of $30,000, and fixed administrative costs of $70,000. The contribution margin is:
A. $100,000
B. $250,000
C. $300,000
D. All of the other answers are incorrect.
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on december 31 2011 l inc. had a 1500000 note payable outstanding due july 31 2012. l borrowed the money to finance
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