Chester Corp. ended the year carrying $13,104,000 worth of inventory. Had they sold their entire inventory at

Question:

Chester Corp. ended the year carrying $13,104,000 worth of inventory. Had they sold their entire inventory at their current prices, how many more dollars of would it have brought to Chester Corp.?
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...