Solution-What are the variable costs and fixed costs

What are the variable costs and fixed costs

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Reference no: EM132479559

Sales $2,800,000

Cost of Goods Sold $2,000,000

Gross Margin 800,000

Sales Commissions 280,000

Fixed Advertising Expenses 20,000

Variable Administrative Expenses 80,000

Fixed Administrative Expenses 100,000

Net Income 320,000

Question 1: What are the variable costs, fixed costs, and contribution margin?

Reference no: EM132479559

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What are the variable costs and fixed costs

Reference no: EM132479559

Reference no: EM132479559

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