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The following information is available for Coronado Industries: Sales $520000 Cost of goods sold 320000 Total fixed expenses Total variable expenses $150000 280000 A CVP

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The following information is available for Coronado Industries: Sales $520000 Cost of goods sold 320000 Total fixed expenses Total variable expenses $150000 280000 A CVP income statement would report O contribution margin of $370000. O gross profit of $200000. O gross profit of $240000. contribution margin of $240000. Click if you would like to Show Work for this question: Open Show Work

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