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accounting

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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 - ,

    Contribution margin = sales revenue - variable cost... So (20000*10) 200000-(20000*4)80000= 120000

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