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Carmichael Company has the following information available: Revenue $480,000 Variable production costs $320,000 Fixed production costs $100,000 Variable selling costs $20,000 Fixed selling costs $30,000
Carmichael Company has the following information available:
Revenue | $480,000 |
Variable production costs | $320,000 |
Fixed production costs | $100,000 |
Variable selling costs | $20,000 |
Fixed selling costs | $30,000 |
What is the contribution margin?
A. | $460,000 | |
B. | $160,000 | |
C. | $60,000 | |
D. | $140,000 |
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