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Evaluate what the contribution margin was

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Reference no: EM132693148

Problem 1: 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. $460,000
E. none of the above

Reference no: EM132693148

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