Answered: You are given the following • Total…

You are given the following • Total sales 40 • Total fixed cost 2 • Net profit 28 What is the TOTAL contribution margin?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 3MC: A companys product sells for $150 and has variable costs of $60 associated with the product. What is...

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You are given the following
• Total sales 40
• Total fixed cost 2
• Net profit 28
What is the TOTAL contribution margin?

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