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What is the contribution margin of Evans Retail Stores Inc

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Reference no: EM133127713

Question - The following information has been provided by the Evans Retail Stores, Inc., for the first quarter of the year:

Sales $350,000

Variable Selling Expenses $35,000

Fixed Selling Expenses $25,000

Cost of Goods Sold $160,000

Fixed Administrative Expenses $55,000

Variable Administrative Expenses $15,000

Required - What is the contribution margin of Evans Retail Stores, Inc., for the first quarter?

Reference no: EM133127713

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