Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

if sales are $104,000, fixed expenses are $30,000, and variable expenses are $45,000, then the contribution margin must be : Multiple Choice O $59,000. ()

if sales are $104,000, fixed expenses are $30,000, and variable expenses are $45,000, then the contribution margin must be :

image text in transcribed

Multiple Choice O $59,000. () $29,000. O $74,000. O $30,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Whole School Audit Development Planning For Primary And Special Schools

Authors: Brian Drakeford

1st Edition

1853465011, 978-1853465017

More Books

Students also viewed these Accounting questions