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The following information is available for Crane Company: Sales $340000 Total fixed expenses $50000 Cost of goods sold 110000 Total variable expenses 90000 Which amount

The following information is available for Crane Company:

Sales $340000
Total fixed expenses $50000
Cost of goods sold 110000
Total variable expenses 90000

Which amount would you find on Cranes CVP income statement?

contribution margin of $250000

contribution margin of $200000

gross profit of $230000

gross profit of $200000

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