Question
Donald pulled together the following annual revenue and cost information for his small business: total variable costs $7,400, total COGS $6,900, total revenues $22,800,
Donald pulled together the following annual revenue and cost information for his small business: total variable costs $7,400, total COGS $6,900, total revenues $22,800, total fixed costs $4,300, and total SG&A $4,800. Determine the contribution margin, gross margin, and operating income for Donald for the year. Contribution margin $ Gross margin Operating income $ $
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Managerial Accounting An Integrative Approach
Authors: C J Mcnair Connoly, Kenneth Merchant
2nd Edition
099950049X, 978-0999500491
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