If sales revenue is $35,000, fixed cost is $5,000, and net operating income is $10,000, what is
Fantastic news! We've Found the answer you've been seeking!
Question:
If sales revenue is $35,000, fixed cost is $5,000, and net operating income is $10,000, what is the contribution margin? A production worker is paid a salary of $1500 per month, plus an additional $0.50 per hour for overtime. This type of cost is BEST termed as:
A. fixed cost
B. step cost
C. semi-variable cost
D. variable cost
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date: