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MDI Enterprises prepared the following income statement for June: Sales revenue (6,000 units)$150,000 Cost of goods sold: Fixed costs$18,000 Variable costs 30,000 48,000 Gross profit102,000
MDI Enterprises prepared the following income statement for June:
Sales revenue (6,000 units)$150,000
Cost of goods sold:
Fixed costs$18,000
Variable costs30,00048,000
Gross profit102,000
Operating expenses:
Fixed costs27,000
Variable costs12,00039,000
Operating income$ 63,000
How much is MDI's total contribution margin?
$120,000
$105,000
$108,000
$93,000
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