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Home Q & A Board Other Fields Homework Help Business Accounting
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vlademirsimon vlademirsimon
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2 months ago
International Imports is a merchandising firm. Last year they reported sales of $674,500 and cost of goods sold of $404,700. The company's total variable selling and administrative expense was $60,705, and fixed selling and administrative expense was $53,960. The total contribution margin for the firm is

▸ $209,095.

▸ $215,840.

▸ $559,835.

▸ $613,795.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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dmahrdmahr
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More solutions for this book are available here
$209,095.

$674,500 - $404,700 - $60,705 = $209,095
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