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-#4 The following information is available for Lee Corp.: Sales $580,000 Total fixed expenses $150,000 Cost of goods sold $390,000 Total variable expenses $380,000 A

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-#4 The following information is available for Lee Corp.: Sales $580,000 Total fixed expenses $150,000 Cost of goods sold $390,000 Total variable expenses $380,000 A CVP income statement would report B a gross profit of $190,000. C contribution margin of $430,000. gross profit of $220,000. D contribution margin of $200,000

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