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How much is the contribution margin for the year

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Reference no: EM13777550

The Shoe division of Garrison Company has the following annual data.

Sales $500,0000

Contribution Margin $100,000

Controllable fixed costs $60,000

Average total operating assets $200,000

How much is the contribution margin for the year?

A. $440,000

B. $400,000

C. $40,000

D. $25,000

Reference no: EM13777550

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