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Solve for X Corporation is a manufacturer of learning aids for high school and college aged children struggling with algebra. They reported the following information
Solve for X Corporation is a manufacturer of learning aids for high school and college aged children struggling with algebra. They reported the following information for the period just completed.
Sales Revenue $60,540 Variable Cost of Goods Sold $10,692 Fixed Cost of Goods Sold $13,427 Variable Selling and Administrative Costs $12,307 Fixed Selling and Administrative Costs $5,418
Calculate the contribution margin for the Solve for X Corporation for the period completed.
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