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Please show your work The following information is available for Barkley Company: Sales $800,000 Total fixed expenses $200,000 Cost of goods sold 520,000 Total variable
Please show your work
The following information is available for Barkley Company: Sales $800,000 Total fixed expenses $200,000 Cost of goods sold 520,000 Total variable expenses 480,000 A CVP income statement would report
A. | gross profit of $280,000. | |
B. | contribution margin of $320,000. | |
C. | contribution margin of $280,000. | |
D. | gross profit of $120,000. |
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