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Geneva Company reports the following information for July: Sales $ 771,000 Variable cost of goods sold 232,000 Fixed cost of goods sold 107,000 Calculate the
Geneva Company reports the following information for July:
| Sales | $ 771,000 |
|---|---|
| Variable cost of goods sold | 232,000 |
| Fixed cost of goods sold | 107,000 |
Calculate the contribution margin for July.
Multiple Choice
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$771,000
-
$539,000
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$432,000
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$664,000
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Principles Of Accounting Volume 1 Financial Accounting
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
1st Edition
1593995946, 978-1593995942
