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Answer the Following Questions Using the Information Below

Question 1

Multiple Choice

Answer the following questions using the information below:
Shaghai Tea Products has an exclusive contract with Dubai Distributors. Calamine and Shanghai are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March:
Answer the following questions using the information below: Shaghai Tea Products has an exclusive contract with Dubai Distributors. Calamine and Shanghai are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March:    Budgeted and actual fixed corporate-sustaining costs are $1,750 and $2,000, respectively. -What is the actual contribution margin for the month? A)  $8,800 B)  $7,500 C)  $8,500 D)  $6,900 Budgeted and actual fixed corporate-sustaining costs are $1,750 and $2,000, respectively.
-What is the actual contribution margin for the month?


A) $8,800
B) $7,500
C) $8,500
D) $6,900

Correct Answer:

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