If contribution margin is $13000, total variable cost is $7000 then total revenue will be
A. $6,000
B. -$6000
C. $20,000
D. -$20000
Answer: Option C
Solution(By Examveda Team)
Total revenue = Contribution margin + Total variable cost= $13000 + $7000 = $20,000.
Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
Join The Discussion