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What is the contribution margin for this company

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Reference no: EM132916628

Problem - The following information is available for a company:

Sales $1,000,000

Variable Selling Expenses 23,000

Fixed Selling Expenses 33,000

Variable Administrative Expenses 39,000

Fixed Administrative Expenses 10,000

Variable Cost of Goods Sold 300,000

Fixed Cost of Goods Sold 100,000

Required - What is the contribution margin for this company?

Reference no: EM132916628

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