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Armstrong Industries has a contribution margin of $240,000 and a contribution margin ratio of 30%. How much are total variable costs? Select one: a. $560,000

Armstrong Industries has a contribution margin of $240,000 and a contribution margin ratio of 30%. How much are total variable costs? Select one: a. $560,000 b. $72,000 c. $168,000 O d. $800,000

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