History homework help

what amount of 2007’s revenues went towards covering fixed costs and generating profits. You determine that the contribution method is what is being looked for.Income Statement31-dec-2007Revenue 150,000Costs:Factory Depreciaton & Matienance 40,000Rubber, THread etc 41,000Employee wages 38,000Net Income 31,000The 2007 contribution margin is: __________?what amount of 2007’s revenues went towards covering fixed costs and generating profits. You determine that the contribution method is what is being looked for.Income Statement31­dec­2007…
 
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