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Sales were $750,000, the variable cost of goods sold was $400,000, the variablesellingand administrative expenses were $90,000, and fixed costs were $200,000. The contribution margin
Sales were $750,000, the variable cost of goods sold was $400,000, the variablesellingand administrative expenses were $90,000, and fixed costs were $200,000. The contribution margin was _____.
A. $60,000
B. $260,000
C. $350,000
D. $460,000
E. none of the above
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