Question: Total revenue is $9000 and total variable cost is $2000 then contribution margin is $11,000 $7000 $4,500 $7,000

Total revenue is $9000 and total variable cost is $2000 then contribution margin is

  1. $11,000
  2. $7000
  3. $4,500
  4. $7,000

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!