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Sales Revenue is $40,000, Cost of Goods Sold is $13,000, and Selling General and Administrative Expenses are $17,000. Variable Costs are $8,000, Fixed Costs are
Sales Revenue is $40,000, Cost of Goods Sold is $13,000, and Selling General and Administrative Expenses are $17,000. Variable Costs are $8,000, Fixed Costs are $22,000, and Net Operating Income is $10,000. Contribution Margin is: $27,000 $30,000 $23,000 $20,000 $32,000
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