If contribution per unit is $900 and number of units sold is $70, then contribution margin will be
A. $97,000
B. $83,000
C. $63,000
D. $12,860
Answer: Option C
Solution(By Examveda Team)
Contribution margin = Contribution per unit × Number of units sold= $900 × $70 = $63,000.
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