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Searls Corporation, a Merchandising Company, Reported the Following Results for July

Question 180

Multiple Choice

Searls Corporation, a merchandising company, reported the following results for July: Searls Corporation, a merchandising company, reported the following results for July: Cost of goods sold is a variable cost in this company. The contribution margin for July is: A) $534, 600 B) $699, 300 C) $359, 900 D) $1, 453, 400 Cost of goods sold is a variable cost in this company. The contribution margin for July is:


A) $534, 600
B) $699, 300
C) $359, 900
D) $1, 453, 400

Correct Answer:

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