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At a sales level of $300,000, James Company's gross margin is $15,000 higher than its contribution margin, its operating income is $50,000 and its total

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At a sales level of $300,000, James Company's gross margin is $15,000 higher than its contribution margin, its operating income is $50,000 and its total selling and administrative expenses are $120,000. At this sales level, what is the company's contribution margin? a.$170,000 b. $185,000 C.$155,000 d, $250,000

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