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Nevada Company has the following data about its only product: Sales (Revenue) Direct materials used Direct labor Indirect manufacturing-fixed Selling and administrative- fixed Indirect manufacturing-
Nevada Company has the following data about its only product: Sales (Revenue) Direct materials used Direct labor Indirect manufacturing-fixed Selling and administrative- fixed Indirect manufacturing- variable Selling and administrative- variable $1,270,000 $100,000 80,000 180,000 150,000 70,000 60,000 Nevada Company uses the contribution approach. What is the contribution margin? A) $900,000 B) $960,000 C) $570,000 D) $720,000
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