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ABC Corps most recent income statement is shown following: Unit selling price $28 Sales volume 17,325 units Total Sales $485,100 Unit Variable cost $15 Total
ABC Corps most recent income statement is shown following:
Unit selling price $28 Sales volume 17,325 units Total Sales $485,100
Unit Variable cost $15 Total Variable cost $259,875
Unit Contribution Margin $13 Total Contribution Margin $225,225
Total Fixed Cost $185,000
Net Income $40,225
If the sales volume is 12,335 units, how much is the total contribution margin?
A.
$12,375
B.
$185,250
C.
$24,645
D.
$180,000
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