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In the month of October, XYZ Industries total sales were $24,000, fixed costs were $6,300 and variable costs were 70% of sales. Determine the contribution

In the month of October, XYZ Industries total sales were $24,000, fixed costs were $6,300 and variable costs were 70% of sales.

  1. Determine the contribution margin in dollars
  2. Determine the operating profit in dollars

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