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Abbott, Inc. recorded the following operating data for its motor division for the year: The illustration is a table that consists of information related to
Abbott, Inc. recorded the following operating data for its motor division for the year: The illustration is a table that consists of information related to operating data. The table consists of two columns and four rows. The first column lists the elements: Variable cost, Total direct fixed costs, Indirect fixed costs, and Contribution margin. The second column lists the respective amounts for each element listed in column one. Variable cost is $800,000. Total direct fixed costs is 120,000. Indirect fixed costs is 40,000. Contribution margin is 200,000. What was the amount of sales revenue recorded by the motor division for the year
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