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Stone Corp sells large polished stones. The firm pays fixed salaries of $220,000 per year. They sell stones for an average price of $22 per

Stone Corp sells large polished stones. The firm pays fixed salaries of $220,000 per year. They sell stones for an average price of $22 per stone and their variable costs are $8 per stone and have annual depreciation expense of $27,000 per year.

Given this info, what is the contribution margin for Stone Corp?

  • $220,000

  • $30

  • $247,121

  • $14

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