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q34 Company XYZ made total contribution margin of $300,000 and a net income of $140,000. The company also made a total gross margin of $270,000.
q34
Company XYZ made total contribution margin of $300,000 and a net income of $140,000. The company also made a total gross margin of $270,000. Assume that the variable selling and administrative expenses were $80,000, how much is the fixed manufacturing cost ($)? O a. 50,000 O b. 130,000 O None of the given answers d. 160,000 O e. 110,000 Step by Step Solution
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