Sales for the month amounted to $3,000,000; the variable cost of goods sold was $1,500,000; variable selling and administrative expenses were $900,000; and fixed costs were $200,000 . The contribution margin for the month was ________
a. $1,500,000
b. $400,000
c. $1,000,000
d. $600,000
d
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Answer the following statement true (T) or false (F)
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Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)