Business, 18.10.2019 23:10 kat1191

Sales were $500,000. the variable cost of goods sold was $300,000. the variable selling and administrative expenses were $75,000. fixed costs were $60,000. using variable costing, what is the contribution margin?
a) $65,000
b) undeterminable with given information
c) $200,000
d) $125,000

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