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A business has a market share of 20% and it competes in...

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Accounting

A business has a market share of 20% and it competes in a market where the total market demand is 300,000 units. The price per unit and variable cost per unit are $25 and $10, respectively. If the net marketing contribution of the business is $450,000, and the operating income of the business is $350,000, calculate the total marketing and sales expenses incurred by the business.
$250,000
$160,000
$550,000
$300,000
$450,000

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