Question
TX Honey Inc. sells 3,000 bottles of honey bee for $70 each that incur variable costs of $45 each. The company spent $40,000 for manufacturing
TX Honey Inc. sells 3,000 bottles of honey bee for $70 each that incur variable costs of $45 each. The company spent $40,000 for manufacturing facilities. What is contribution margin for manufacturing the products?
| a. | 62,000 | |
| b. | 66,000 | |
| c. | 70,000 | |
| d. | 75,000 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Report On Trade Conditions In China
Authors: Harry R. Burrill, Raymond F. Crist
1st Edition
1138617806, 9781138617803
