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sales revenue is $40,000, cost of goods sold is $11,000, and selling general and administrative expernses are $17,000. Variable costs are $8,000, Fixed costs are

sales revenue is $40,000, cost of goods sold is $11,000, and selling general and administrative expernses are $17,000. Variable costs are $8,000, Fixed costs are $20,000, and net operating income is $12,000. Contribution margin is:

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