The Bluebird Factory reported $1,000,000 in total revenues and $60,000 total variable costs during the previous year
Required:
Compute the contribution margin.
A) $900,000
B) $920,000
C) $940,000
D) $960,000
E) $980,000
C
Explanation: C) [($1,000,000 - $60,000 )] = $940,000
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