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The following information is provided for MNO Company: Sales revenue $ 310,000 Variable manufacturing costs 105,000 Fixed manufacturing costs 55,000 Variable selling and administrative costs
The following information is provided for MNO Company:
Sales revenue | $ | 310,000 | |
Variable manufacturing costs | 105,000 | ||
Fixed manufacturing costs | 55,000 | ||
Variable selling and administrative costs | 50,000 | ||
Fixed selling and administrative costs | 45,000 | ||
What is this company's contribution margin?
A. $55,000
B. $150,000
C. $100,000
D. $155,000
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