At a sales level of $190,000, Kelfer Corp’s gross margin is $15,000 less than its contribution margin, its net operating income is $30,000 and its selling and admin expenses is $70,000. At this sales
At a sales level of $190,000, Kelfer Corp’s gross margin is $15,000 less than its contribution margin, its net operating income is $30,000 and its selling and admin expenses is $70,000. At this sales level, its contribution margin would be.
A.)$100,000
B.)160,000
C.)85,000
D.)115,000
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