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Sales were $750,000, the variable cost of goods sold was $400,000, the variable selling and administrative expenses were $100,000, and fixed costs were $200,000. The
Sales were $750,000, the variable cost of goods sold was $400,000, the variable selling and administrative expenses were $100,000, and fixed costs were $200,000. The contribution margin was A) $250,000 B) $350,000 C) $650,000 D) $1,50,000 E) none of the above
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