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XY Company estimated its sales for the coming 4 months as follows: October $10,000 November $11,000 December $15,000 January $9,000 Estimated cost of goods sold

XY Company estimated its sales for the coming 4 months as follows:

October

$10,000

November

$11,000

December

$15,000

January

$9,000

Estimated cost of goods sold

55.00%

Other variable costs (commissions)

20.00%

Estimated fixed costs

$2,500.00

The company maintains its inventory at twice it estimated sales requirements

(sales requirements are cost of goods sold of the next month)

The beginning inventory

$9,000

Contribution margin for November is

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