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8. Trinity Corp. sells kids' tricycles. During the current year, 8,000 tricyecles were sold resulting in $400,000 of sales revenue, $90,000 of variable costs,
8. Trinity Corp. sells kids' tricycles. During the current year, 8,000 tricyecles were sold resulting in $400,000 of sales revenue, $90,000 of variable costs, and $60,000 of fixed costs. Contribution margin per tricycle is A. $38.75. B. $31.25. C. $25.50. D. $18.75.
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
