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Discuss what was the companys contribution margin

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Reference no: EM131806519

Data from The William Company for 2008 is as follows:

Sales$20/unit

Variable cost of goods sold??

Fixed manufacturing overhead$92,000

Variable selling and administrative??

Fixed selling and administrative$103,000

The company produced 148,000 units during the year and sold 120,000 units. Variable production costs and fixed costs have remained constant all year. Net income for the year was $900,000. What was the company's contribution margin?

Reference no: EM131806519

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