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this course is cost and management this is the only info given in ques ...

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Accounting

this course is cost and management this is the only info given in ques
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of 2 Chapter 3: Applying Excel: Exercise (Algo) (Part 2 of 2) 1. Now change all of the dollar amounts in the data area of your worksheet so that it looks like this: D A 1 Chapter 3: Applying Excel 2 3 4 5 6 7 8 9 10 11 Data Sales Variable costs Cost of goods sold Variable selling Variable administrative Fixed costs Fixed selling Fored administrative $ S $ S $ $ B 38,000 25,000 2,500 2,300 2,500 1,500 5 Marks ! Required information If your formulas are correct, you should get the correct answers to the following questions. (a) What is the gross margin now? Gross margin (b) What is the net operating income now? Net operating income (c) What is the contribution margin now? Contribution margin

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