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Question regarding the contribution margin

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Reference no: EM13259189

At a sales level of $441,000, James Company's gross margin is $15,000 less than its contribution margin, its net operating income is $49,000, and its selling and administrative expenses total $112,400. At this sales level, its contribution margin would be:

A. $161,400

B. $392,000

C. $176,400

D. $146,400

Reference no: EM13259189

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