Question
Bunyan mowers sell for $400 each, and the variable cost per mower is $325. Total fixed cost is $45,000. Determine the total contribution margin necessary
Bunyan mowers sell for $400 each, and the variable cost per mower is $325. Total fixed cost is $45,000. Determine the total contribution margin necessary to earn operating income of $37,500 are ____.
A. $45,000
B. $82,500
C. $357,500
D. $440,000
E. none of the above
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Financial Accounting
Authors: Walter B. Meigs, Robert F. Meigs, Mark Bettner, Ray Whittington
9th Edition
0070434360, 978-0070434363
