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question 20 Starwise Company had the following amounts from its income statement: Sales revenue $100,000 Cost of goods sold -fixed 32,000 Cost of goods sold-variable
question 20
Starwise Company had the following amounts from its income statement: Sales revenue $100,000 Cost of goods sold -fixed 32,000 Cost of goods sold-variable 25,000 Selling expenses - fixed 9,000 Selling expenses - variable 11,000 Administrative expenses - fixed 12,000 Administrative expenses - variable 8,000 How much is Starwise's contribution margin? O $75,000. $43,000. $3,000. O$56,000 Step by Step Solution
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