Question: Use the below information to answer the following FIVE questions (numbered 14 through 18). Helena Company manufactures two products: Product P30 and Product P40. A
Use the below information to answer the following FIVE questions (numbered 14 through 18).
Helena Company manufactures two products: Product P30 and Product P40. A contribution format income statement related to a recent month for the two products is given below.
18. What is the total contribution margin at the break-even point?
a-$240,000
b-$540,000
c-$300,000
d-$600,000
Sales Variable Expenses Contribution Margin Fixed Expenses Net Operating Income Product P30 $877,500 526,500 $351,000 Product P40 $472,500 283,500 $189,000 Total $1,350,000 810,000 540,000 240,000 $300,000
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