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9 ATSQFJ738 Corp. sells the most technologically advanced running sneakers available on the market. (0-60mph speed in 3.4sec) The information below is compiled by
9 ATSQFJ738 Corp. sells the most technologically advanced running sneakers available on the market. (0-60mph speed in 3.4sec) The information below is compiled by the firm for the last month: Total sales revenue $300,000 Selling price per pair of sneakers $2,500 Variable selling expense per pair of sneakers $155 Variable administrative expense per pair of sneakers $40 Total fixed selling expense $96,000 Total fixed administrative expense $52,000 Other ATSQFJ738's information: Beginning merchandise inventory $40,000 Ending merchandise inventory $20,000 Merchandise purchases $130,000 Q. What was ATSQFJ738's contribution margin for each pair of sneakers sold during the month? A. $
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