The cost of goods sold in a retail store totaled 650000


The cost of goods sold in a retail store totaled $650,000. Fixed selling and administrative expenses totaled $115,000 and variable selling and administrative expenses were $420,000. If the store's contribution margin totaled $590,000, how much were the sales?

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Accounting Basics: The cost of goods sold in a retail store totaled 650000
Reference No:- TGS01354912

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