Question
A company has revenues of $500,000, fixed manufacturing costs of $100,000, variable manufacturing costs of $150,000, variable selling costs of $50,000, fixed selling costs of
A company has revenues of $500,000, fixed manufacturing costs of $100,000, variable manufacturing costs of $150,000, variable selling costs of $50,000, fixed selling costs of $30,000, and fixed administrative costs of $70,000. The contribution margin is:
| A. | $100,000 | |
| B. | $250,000 | |
| C. | $300,000 | |
| D. | All of the other answers are incorrect. |
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Financial & Managerial Accounting
Authors: Carl Warren
12th Edition
1285534646, 978-1133952428
