Multiple Choice
The cost of goods sold in a retail store totaled $325,000. Fixed selling and administrative expenses totaled $115,000 and variable selling and administrative expenses were $210,000. If the store's contribution margin totaled $590,000, then sales must have been:
A) $1,125,000
B) $1,030,000
C) $915,000
D) $650,000
Correct Answer:

Verified
Correct Answer:
Verified
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