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Geneva Company reports the following information for July: Calculate the contribution margin for July. Multiple Choice $525,000 $425,000 $650,000 Zhang Industries is preparing a cash

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Geneva Company reports the following information for July: Calculate the contribution margin for July. Multiple Choice $525,000 $425,000 $650,000 Zhang Industries is preparing a cash budget for June. The company has $25,500 cash at the beginning of June and anticipates $90,000 in cash receipts and $112,540 in cash payments during June. The company has no loans outstanding on June 1 . Compute the amount the company must borrow, if any, to maintain a $18,000 cash balance. Multiple Choice $20,960 $16,040 $22,540 $15,040. Dan White manages a construction firm's equipment repair department. His department is a cost center and costs for a recent period follow. Dan cannot control his salary, rent, or insurance. Compute total controllable costs that would appear on a responsibility accounting report for the repair department. Multiple Choice $113,700 $110,100 $116,100

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