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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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