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Compute contribution margin compute gross margin compute

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Reference no: EM13453100

1. Jennifer's Stuffed Animals reported the following:

            Revenues                                              $2,000

            Variable manufacturing costs                $ 600

            Variable nonmanufacturing costs          $ 460

            Fixed manufacturing costs                     $ 300

            Fixed nonmanufacturing costs               $ 280

Required:

a.   Compute contribution margin.

b.   Compute gross margin.

c.   Compute operating income.

Reference no: EM13453100

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