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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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