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Use the following data to answer questions 9 and 10 Sales $700,000 Fixed Administrative Expenses $110,000 Fixed Cost of Goods Sold $100,000 Fixed Selling Expenses
Use the following data to answer questions 9 and 10 Sales $700,000 Fixed Administrative Expenses $110,000 Fixed Cost of Goods Sold $100,000 Fixed Selling Expenses $50,000 Variable administrative expenses $30,000 Variable cost of goods sold $220,000 variable selling expense $170,000 9 What is the company's contribution margin?
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