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Business, 29.11.2019 06:31, reecedstceklein
Freshmart, inc., began operations this year. the company produced 1,000 units and sold 1,000 units at a selling price of $100 per unit. fixed overhead costs totaled $30,000 and fixed selling and administrative expenses were $15,000. variable production costs were $25.00 per unit while variable selling and administrative expenses were $10.00 per unit. contribution margin was:
a. $20,000.
b. $45,000.
c. $65,000.
d. $55,000.
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Answers: 1
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Freshmart, inc., began operations this year. the company produced 1,000 units and sold 1,000 units a...
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