How to solve

Question $9$

$0\mathrm{.}25$ pts

Chapter $1$: Managerial accounting and cost concepts

Copr.Goedl

Aquaria, Co$.$ reported the following accounting data.

$\backslash$table$[[$Sales quantity,$1,000,],[$Sales$,$$$66\mathrm{.}00$ per unit,$],[$Direct material,$$12\mathrm{.}00,],[$Direct labor,$$4\mathrm{.}00,],[$Manufacturing overhead,$$3\mathrm{.}00$ per unit,$$1,800$ per month$],[$Selling and Admin. Expenses,$$7\mathrm{.}20$ per unit,$$12,000$ per month$]]$

The total contribution margin is

Study tip: An exam question can ask for contribution margin or gross margin. Make sure you know the difference between the two.

$$66,000$

$$39,800$

$$47,000$

$$45,200$