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James pulled together the following annual revenue and cost information for his small business: total variable costs $8,800, total COGS $6,500, total revenues $23,400,
James pulled together the following annual revenue and cost information for his small business: total variable costs $8,800, total COGS $6,500, total revenues $23,400, total fixed costs $3,700, and total SG&A $6,000. Determine the contribution margin, gross margin, and operating income for James for the year. Contribution margin $ Gross margin $ Operating income $
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
