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If a company had a contribution margin of HK$ 1 , 0 0 0 , 0 0 0 and a contribution margin ratio of 4

If a company had a contribution margin of HK$1,000,000 and a contribution margin ratio of 40%, total variable costs must have been?
Select one alternative:
HK$2,500,000
HK$ 400,000
HK$1,500,000
HK$ 600,000

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