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Posted on Aug 30, 2024

During a recent fiscal year, Creek Company reported pretax income of $121,000, a contribution margin ratio of 20% and total contribution margin of $360,000. Total

During a recent fiscal year, Creek Company reported pretax income of $121,000, a contribution margin ratio of 20% and total contribution margin of $360,000. Total variable costs must have been: $2,405,000. $1,195,000. $1,800,000. $1,440,000. $605,000.

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