Question: A firm expects to sell 2 5 , 2 0 0 units of its product at $ 1 1 . 2 0 per unit and

A firm expects to sell 25,200 units of its product at $11.20 per unit and to incur variable costs per unit of $6.20. Total fixed costs are $72,000. The total contribution margin is:
Multiple Choice
$228,240.
$126,000.
$156,240.
$54,000.
$72,000
 A firm expects to sell 25,200 units of its product at

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!