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Department a in a Company Had Sales of $60,000 in the Year

question 74

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Department A in a company had sales of $60,000 in the year 2007. Variables costs of sales was $30,000 and variable selling expenses were $9,000. Fixed administrative expenses were $5000. What is the contribution margin?


Definitions:

Thought Systems

Complex networks of beliefs, attitudes, and values that shape an individual's way of thinking and interpreting the world.

Effortful Cognition

The mental process requiring significant cognitive effort, such as solving complex problems, unlike automatic cognitive processes that require minimal effort.

Critical Period

A specific time during development when exposure to certain stimuli or experiences is necessary for normal development of a particular skill or characteristic.

Language Development

The method through which people develop the skill to recognize, create, and employ words for understanding and communication purposes.

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