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Accounting

Gluten Corporation has the following information pertaining to its Century Division for this year:

Century
Fixed manufacturing expenses $65,000
Fixed selling and administrative expenses 56,000
Sales 375,000
Direct manufacturing costs (variable) 88,000
Variable selling and administrative expenses 32,000
Corporate expenses allocated to the Century Division $89,000

Calculate the Century Division's contribution margin.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9415811

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