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Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402 Exercise 3
(2011 CPA Exam) Black Co.'s breakeven point was $780,000. Variable expenses averaged 60% of sales, and the margin of safety was $130,000. What was Black's contribution margin?
A) $364,000
B) $546,000
C) $910,000
D) $1,300,000
A) $364,000
B) $546,000
C) $910,000
D) $1,300,000
Explanation
Verified
Verified
Since margin of safety and the breakeven...
Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
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