If a company had a contribution margin of $500,000 and a contribution margin ratio of 40%, total variable costs must have been (Points: 2) $750,000. $300,000. $1,250,000. $200,000.
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If a company had a contribution margin of $500,000 and a contribution margin ratio of 40%, total variable costs must have been (Points: 2) $750,000. $300,000. $1,250,000. $200,000.