How much is starwises contribution margin

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Reference no: EM132490359

Starwise Company had the following amounts from its income statement:

Sales revenue $100,000

Cost of goods sold -fixed 32,000

Cost of goods sold -variable 25,000

Selling expenses - fixed9,000

Selling expenses - variable11,000

Administrative expenses - fixed12,000

Administrative expenses - variable8,000

Question 1: How much is Starwise's contribution margin?

Reference no: EM132490359

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