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Given $150,000 Sales $15,000 Fixed manufacturing cost of goods sold $55,000 Cost of goods sold $25,000 Fixed selling and administrative expenses Variable manufacturing cost of

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Given $150,000 Sales $15,000 Fixed manufacturing cost of goods sold $55,000 Cost of goods sold $25,000 Fixed selling and administrative expenses Variable manufacturing cost of goods sold $40,000 Variable selling expenses $40,000 The contribution margin is Select one: $110,000 $(25,000) $95,000 $120,000

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