Question: 2. Black Co.s breakeven point was $780,000. Variable expenses averaged 60% of sales, and the margin of safety was $130,000. What was Blacks contribution margin?

2. Black Co.’s breakeven point was $780,000. Variable expenses averaged 60% of sales, and the margin of safety was $130,000. What was Black’s contribution margin?

a. $ 364,000

b. $ 546,000

c. $ 910,000

d. $1,300,000

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