Homework Help: accounting

Posted by Anonymous on Monday, March 26, 2012 at 9:34pm.

Mendez Company currently produces and sells 20,000 units of product at a selling price of $10. The product has variable costs of $4 per unit and fixed costs of $50,000. The company currently earns a total contribution margin of?

accounting - Isaac, Sunday, December 9, 2012 at 7:11pm
Contribution margin = sales revenue - variable cost... So (20000*10) 200000-(20000*4)80000= 120000

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