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Searls Corporation, a Merchandising Company, Reported the Following Results for July

Question 69

Multiple Choice

Searls Corporation, a merchandising company, reported the following results for July: Searls Corporation, a merchandising company, reported the following results for July: Cost of goods sold is a variable cost in this company. The contribution margin for July is: A) $534,600 B) $699,300 C) $359,900 D) $1,453,400 Cost of goods sold is a variable cost in this company. The contribution margin for July is:


A) $534,600
B) $699,300
C) $359,900
D) $1,453,400

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