Geneva Co. reports the following information for July: Sales........................................................$750,000 Variable costs.............................................225,000 Fixed costs.................................................100,000 Calculate the contribution margin

Question:

Geneva Co. reports the following information for July:
Sales........................................................$750,000
Variable costs.............................................225,000
Fixed costs.................................................100,000
Calculate the for July.
$525,000
$425,000
$650,000
$750,000
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...