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4) Better Company reported the following: Revenues $1,000 Variable manufacturing costs $200 Variable nonmanufacturing costs $230 Fixed manufacturing costs $150 Fixed nonmanufacturing costs $140 Required:
4) Better Company reported the following: Revenues $1,000 Variable manufacturing costs $200 Variable nonmanufacturing costs $230 Fixed manufacturing costs $150 Fixed nonmanufacturing costs $140 Required: a. Compute the contribution margin. b. Compute the gross margin. c. Compute the operating income
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