Compute the contribution margin for the video department,when gross profit is $970,000,direct expenses $280,000,and indirect expenses are $190,000.

Name: Compute the contribution margin for the video department,when gross profit is $970,000,direct expenses $280,000,and indirect expenses are $190,000.
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Quizplus · Accepted Answer

The contribution margin is calculated by subtracting direct expenses from the gross profit: $970,000 - $280,000 = $690,000. Indirect expenses are not considered in this calculation.

Compute the Contribution Margin for the Video Department,when Gross Profit