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Reliance Corporation sold 4,600 units of its product at a price of $21 per unit. Total variable cost per unit is $11.50, consisting of $10.65

Reliance Corporation sold 4,600 units of its product at a price of $21 per unit. Total variable cost per unit is $11.50, consisting of $10.65 in variable production cost and $0.85 in variable selling and administrative cost. Compute the contribution margin for the company.

Multiple Choice

  • $56,810

  • $52,900

  • $96,600

  • $48,990

  • $43,700

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