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Salem Company reports the following information for June: (Click the icon to view the amounts.) Calculate the contribution margin and operating income for June using
Salem Company reports the following information for June: (Click the icon to view the amounts.) Calculate the contribution margin and operating income for June using variable costing. Begin by selecting the labels and entering the amounts to compute the contribution margin. Then, select the labels and enter the amounts to compute the operating income. Variable Costing Contribution Margin Operating Income Data table $ 750,000 Net Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 230,000 197,000 156,000 67,000 Print Done
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