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25. Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two brands of teas that are imported and sold to
25. Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March: 1 Actual Calamine Capity Sales in pounds 3800 lbs. 3980lbs. Price per pound $3.00 $2.90 Variable cost per pound 1.00 2.20 Contribution margin $2.00 $0.70 Calamine 4,400 lbs. $2.00 1.00 $1.00 Budget Capity 3,300 lbs $3.00 1.50 $1.50 Budgeted and actual fixed corporate-sustaining costs are $1,850 and $2,300, respectively. What is the actual contribution margin for the month? * (2 Points)
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