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how do i solve this It costs Homer's Manufacturing $0.85 to produce baseballs and Homer sells them for $8 a piece Homer pays a sales
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It costs Homer's Manufacturing $0.85 to produce baseballs and Homer sells them for $8 a piece Homer pays a sales commission of 5% of sales revenue to his sales staff. Homer also pays $12,000 a month rent for his factory and store, and also pays $77,000 a month to his staff in addition to the commissions. Homor sold 69,500 baseballs in June. If Homer prepares a contribution margin income statement for the month of June, what would be his contribution margin? O A $642,875 O B. $469,125 OC. $86,875 OD. $556,000 Click to select your Step by Step Solution
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