Assume the following information for a merchandising company: Sales Variable selling expenses Cost of goods...
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Accounting
Assume the following information for a merchandising company: Sales Variable selling expenses Cost of goods sold Fixed administrative expenses Fixed selling expenses Variable administrative expenses $483,000 $ 25,000 $350,000 $ 50,000 $ 40,000 $ 5 5,000 What is the company's contribution margin? $108,000 O $133,000. O $128.000 5103.000
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