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Cayces contribution margin income statement is as follows: What GROSS MARGIN would appear on...

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Accounting

Cayces contribution margin income statement is as follows:

image

What GROSS MARGIN would appear on a TRADITIONAL income statement?

A. $116,000

B. $96,000

C. $128,000

D. $104,000

$200,000 (60,000 Sales (10,000 units) Less variable COGS Less variable selling cost Contribution margin (12,000) $128,000 (24,000 Less fixed COGS Less fixed selling cost (8,000) Net income $96,000

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