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swat32
3 years ago
12

Armstrong industries has a contribution margin of $300,000 and a contribution margin ratio of 30%. how much are total variable c

osts?
Business
1 answer:
ozzi3 years ago
5 0
<span> $300,000 / 30% = 1,000,000 - 300,000 = $700,000 </span>
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