Starwise Company had the following amounts from its income statement:
Sales revenue $100,000
Cost of goods sold -fixed 32,000
Cost of goods sold -variable 25,000
Selling expenses - fixed 9,000
Selling expenses - variable 11,000
Administrative expenses - fixed 12,000
Administrative expenses - variable 8,000
How much is Starwise's contribution margin?
A. $43,000.
B. $75,000.
C. $3,000.
D. $56,000.
Answer: D
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