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A Business Operated at 100% of Capacity During Its First

Question 24

Multiple Choice

A business operated at 100% of capacity during its first month and incurred the following costs: A business operated at 100% of capacity during its first month and incurred the following costs: If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, what is the amount of the contribution margin that would be reported on the variable costing income statement? A) $51,400 B) $52,000 C) $54,000 D) $53,000 If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, what is the amount of the contribution margin that would be reported on the variable costing income statement?


A) $51,400
B) $52,000
C) $54,000
D) $53,000

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