A Proposed Project Has fiXed Costs of $3,600, Depreciation Expense

Multiple Choice

A proposed project has fixed costs of $3,600, depreciation expense of $1,500, and a sales quantity of 1,300 units. What is the contribution margin if the projected level of sales is the accounting break-
Even point?

A) $3.92
B) $4.14
C) $4.50
D) $4.80
E) $5.00