Question

The following selected data relates to Green with Envy Corporation Total Fixed Costs: $25,000 Selling Price Per Unit: $30.00 Variable Costs Per Unit: $24.00 Assuming 9,400 units are sold, what is the contribution margin

Answer 1

4167

Step-by-step explanation:

Contribution margin = fixed cost / (sales price per unit - variable cost per unit

$25,000 / ($30 - $24) = 4167.