Sales were $750,000, the variable cost of goods sold was $400,000, the variable selling and administra tive

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Sales were $750,000, the variable cost of goods sold was $400,000, the variable selling and administra¬ tive expenses were $90,000, and fixed costs were $200,000,■ The contribution margin was;

A. $60,000 C. $350,000 B. $260,000 D. none of the above AppendixLO1

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