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At a sales level of $365,000, Lewis Company's gross profit is $20,000 less than its contribution margin, its net operating income is $70,000, and its
At a sales level of $365,000, Lewis Company's gross profit is $20,000 less than its contribution margin, its net operating income is $70,000, and its selling and administrative expenses total $130,000. At this sales level, its contribution margin would be: Question 9 options: $180,000 $220,000 $295,000 $200,000
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