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Suppose Revenues are $505,994 Cost of Goods sold, representing the cost of products sold, is made up of $52,281 of fixed costs and $82,248 of

Suppose Revenues are $505,994

Cost of Goods sold, representing the cost of products sold, is made up of $52,281 of fixed costs and $82,248 of variable costs.

Period expenses (sales, marketing and administrative expenses) are made up of $30000 of variable costs and $50000 in fixed costs.

Prepare a contribution margin income statement. What is Total Contribution Margin that would appear on the statement?

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