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Compute the amount of contribution margin for Janice Company based on the following data. Sales 500,000 Variable cost of goods sold 200,000 Variable selling expense
Compute the amount of contribution margin for Janice Company based on the following data.
Sales 500,000
Variable cost of goods sold 200,000
Variable selling expense 80,000
Fixed selling expense 50,000
Variable administrative expense 48,000
Fixed administrative expense 70,000
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