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Consider the following information: Sales revenue: $12,000 Variable manufacturing expenses: $3,000 Variable marketing and admin. expenses: $1,000 Fixed manufacturing expenses: $1,500 Fixed marketing and admin.

Consider the following information:  Sales revenue: $12,000  Variable manufacturing expenses: $3,000  Variable marketing and admin. expenses: $1,000  Fixed manufacturing expenses: $1,500  Fixed marketing and admin. expenses: $500 Based on the above information, the contribution margin is: 

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