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20 At a sales level of $365,000) Lewis Company's gross margin is $20,000 less than its contribution margin, its net operating income is $70,000, and

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20 At a sales level of $365,000) Lewis Company's gross margin is $20,000 less than its contribution margin, its net operating income is $70,000, and its selling and administrative expenses total $130,000 At this sales level, its contribution margin would be: A) $295,000 B) $180,000 C) $220,000 D) $200,000

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