Ma1.Please give only typed answer 40. Jupiter Inc. reports the following information for August:Sale revenue.Variable costs.Fixed costs..Calculate the contribution margin for the month of August.O $450,000$600,000$700,000O $650,000$800,000....... 200,000........ 100,000O $500,000

Given, Sales revenue = $800,000 Variable costs = $200,000

Answered: 40. Jupiter Inc. reports the following…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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40. Jupiter Inc. reports the following information for August: Sale revenue......... ........$800,000. Variable costs........ Fixed costs............ 200,000 100,000 Calculate the contribution margin for the month of August.