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The following income statement is provided for Ramirez Company in 2012: What amount was the company's contribution margin The following income statement is provided for

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The following income statement is provided for Ramirez Company in 2012: What amount was the company's contribution margin

The following income statement is provided for Ramirez Company in 2012: Sales revenue 2,500 units x $20 er $50,000 Cost of oods sold vanable; 2.500 units x $8 er unit 20.000 Cost of oods sold fixe Gross Adrrumstrauve salaries D ectahon hes 2.500 units x $2 er N et Income 4 ooo $26.000 6.000 4.000 s 000 $11.000 What amount was the company's contribution margin?

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